Solved

Mix Sweet Shop Bakes and Sells Pies

Question 116

Multiple Choice

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 pies?


A) 190,440
B) 280,000
C) 200,000
D) 110,000

Correct Answer:

verifed

Verified

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

Related Questions