Biscuit Company Sells Its Product for $50

question 85

Multiple Choice

Biscuit Company sells its product for $50. In addition, it has a variable cost ratio of 55 percent and total fixed costs of $6,875. How many units must be sold in order to obtain a before-tax profit of $12,000?

• A)480 units
• B)240 units
• C)600 units
• D)839 units

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Definitions:

Introverts

People who prefer solitary activities and environments where they can focus on their internal thoughts rather than external stimulation.

Myers-Briggs Type Indicator

A psychological assessment tool designed to measure individual personality types based on preferences in perception and decision-making.

Thinking

The process of considering or reasoning about something, often relevant in the context of planning, problem-solving, and decision-making in project management.

DISC Acronym

DISC stands for Dominance, Influence, Steadiness, and Conscientiousness, which are the four personality traits it assesses.