Question 2 10 points Save Answer evenues of 90000 the variab

Question 2 10 points Save Answer evenues of $90,000, the variable cost in $60. The fxed costs are $30,000 and the product is sll for $90. The quantity of product sold las year annual profit is most nearly O b. $90,000 O c. $80,000 Od.$30,000

Solution

Ans:

Option A,$0

Calculation of annual profit

Particulars	Amount($)
Sales(1000 * $90)	$90,000
Less:
Fixed cost	($30,000)
Variable cost(1000 * $60)	($60,000)
Annual profit	0