Old MacDonald Had a Farm with Expected Fixed Costs for Next

question 132

Multiple Choice

Old MacDonald had a farm with expected fixed costs for next year of $91,000. The projected selling price per bushel is $12, with variable costs of $5 per bushel.
How many bushels past the breakeven point does MacDonald have to sell to realize a pre-tax profit of $37,100?

• A) 18,300
• B) 5,300
• C) 7,420
• D) 13,000

---

Definitions:

U.S. Census Bureau

A principal agency of the U.S. Federal Statistical System responsible for producing data about the American people and economy.

Government

The organized system or group of people governing an organized community, often a state or nation, responsible for creating and enforcing laws.

Speak English

The use of the English language for communication.

Ideal

A conception of something in its most perfect form or a standard of perfection or excellence.