Mix Sweet Shop bakes and sells pies. Mix has annual fixed costs of $880,000 and a variable cost per
pie of $7.50. Each pie sells for $15.50 each. The firm expects to sell 500,000 pies annually. What is
the break-even point in sales dollars?
A) $3,100,000 B) $2,875,000 C) $1,625,000 D) $1,705,000
D
Business
You might also like to view...
Rick steps into Jeannie’s office and tells her “Great news! We just closed on the Donaldson account.” Jeannie says, “That is great news! Thanks for telling me right away and congratulations to you and your team!” This is an example of which type of business communication.
Business
Discuss the disadvantages of different types of scanner data
What will be an ideal response?
Business