Solved

A Five-Pound Bag of Roasted Peanuts Sells for $8, and the Average

Question 146

Multiple Choice

A five-pound bag of roasted peanuts sells for $8, and the average variable cost is $4 per bag. If the total fixed cost for the roasted peanuts is $80,000, the breakeven point in bags is:


A) 20,000
B) 40,000
C) 80,000
D) 120,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q141: Prestige objectives reflect marketers' recognition of the

Q142: Which of the following is an example

Q143: There are a variety of pricing strategies

Q144: When a company sells its goods or

Q145: Selling price of the product minus the

Q147: A shortcoming of the breakeven model is

Q148: MycroFiber is a producer of microfiber material

Q149: While variable costs change with level of

Q150: MycroFiber is a producer of microfiber material

Q151: An organization's total costs are typically divided