When conversion processes depend primarily on the performance of people, rather than on machines, technical complexity of the process is said to be high

A local retailer seeking to expand on a regional basis and that does not have adequate financing, should consider a chain organization instead of franchising

Indicate whether the statement is true or false

A firm has fixed operating costs of $150,000, total sales of $1,500,000, and total variable costs of $1,275,000. The firm's operating breakeven point in dollars is ________

A) $150,000 B) $176,471 C) $1,000,000 D) $1,425,000