The fixed cost of Allied Breads, a bread baking company, is $200,000 per year. The cost of equipment and labor to make one packet of bread is $3. If the breakeven point of the company is 100,000 packets of bread, Widget Corp. needs to sell its bread packets at a price of _____ per packet to make profits.
A. at least $7
B. at least $6
C. less than $4
D. more than $5
Answer: D
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Companies that set a low price for a new product in order to attract a large number of buyers and a large market share are using the ________ strategy
A) market-skimming pricing B) market-penetration pricing C) cost-plus pricing D) inclusive pricing E) exclusive pricing
A machine with a cost of $80,000 has an estimated residual value of $5,000 and an estimated life of 5 years or 15,000 hours. It is to be depreciated by the units-of-production method. What is the amount of depreciation for the second full year, during which the machine was used 5,000 hours?
A) $5,000 B) $25,000 C) $15,000 D) $26,667
A(n) ____________ is a bill of lading issued by an air carrier.
Fill in the blank(s) with the appropriate word(s).
Which type of conflict in organizations was not discussed in the textbook?
a. Task b. Structural c. Relationship d. Process