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 sales dollars?
A) $3,100,000 B) $2,875,000 C) $1,625,000 D) $1,705,000
D
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Yael sent Jen an offer to sell his mountain bike for $150. After thinking about the offer for a few days, Jen sent Yael a letter accepting his offer and asking if he intended to leave the book basket attached to the bike. The next day, before Jen's letter arrived, Yael phoned Jen and told her that he had decided to sell his bike to Jake, who had offered him $200. Which of the following statements holds true of this case?
A. Jen's acceptance was good and a contract was created when Jen's letter was mailed. B. The contract was not valid as the UCC held acceptances to be valid only when they were received and acknowledged in writing by the offeror. C. Jen used unauthorized means of acceptance. D. Yael could revoke the contract as the goods had not exchanged hands yet.
A successful demonstration should have all of the following characteristics EXCEPT being:
A. theatrical. B. organized. C. professional. D. necessary. E. ethical.
A measure of the current price of a company's stock in comparison to its earnings is called:
a. price–earnings (P/E) ratio. b. return on equity (ROE). c. return on assets (ROA). d. earnings per share.
What are the 6 stages for implementing family friendly policies?
What will be an ideal response?