Multiple Choice
Biscuit Company sells its product for $50. In addition, it has a variable cost ratio of 45 percent and total fixed costs of $6,875. What is the break-even point in sales dollars for Biscuit Company?
A) $2,750
B) $3,125
C) $6,875
D) $12,500
Correct Answer:
Verified
Correct Answer:
Verified
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