Multiple Choice
Sweet Tooth Bakery bakes and sells pies.Sweet Tooth 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:
Verified
Correct Answer:
Verified
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