Mcdale Inc

question 26

Multiple Choice

Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: The fixed expenses of the entire company were $18,460. The break-even point for the entire company is closest to:

• A) $23,367
• B) $10,540
• C) $24,550
• D) $18,460

---

Definitions:

Bushel of Corn

A standard measure, equal to 56 pounds in the U.S., used for volumes of dry commodities such as corn.

Profits

The financial gains obtained when the revenues from a business activity exceed the expenses, costs, and taxes needed to sustain the activity.

Wage Rate

The standardized amount of compensation received by an employee for performed work per unit of time, typically expressed per hour or year.

Bushel of Corn

A unit of measure for volumes of dry commodities, typically used in the U.S. for agricultural goods like corn, where one bushel equals approximately 56 pounds.