Chulo Ibsen Makes and Sells Hand-Forged Wrought Iron Fire Screens

Multiple Choice

Chulo Ibsen makes and sells hand-forged wrought iron fire screens for $125 each.He has determined that his fixed costs are $8,000,and his variable costs per firescreen are $45.What is his break-even point in dollars?

A) $22,550
B) $12,500
C) $10,000
D) $8,000
E) $5,875