Scenario 12.1 Use the Following to Answer the Questions

question 144

Multiple Choice

Scenario 12.1
Use the following to answer the questions.
Concession Supply sells hotdogs, buns, and nacho ingredients to several major league ballparks across the country. Currently, Concession Supply has the following pricing information for one case of hotdogs sold at Wrigley Field: Total fixed costs = $1,200, Selling price = $16, and Variable costs = $6.
-Refer to Scenario 12.1. What is the breakeven point in dollar sales volume?

• A)$1,200
• B)$1,440
• C)$3,000
• D)$1,920
• E)$1,600

---

Definitions:

Oxidation Number

An indicator of how much an atom in a substance has been oxidized, shown by the quantity of electrons it has either gained or lost.

Reaction

A reaction involves the transformation of one or more substances into different substances through the breaking and forming of chemical bonds.

Exothermic

An exothermic reaction is a chemical reaction that releases heat and energy to its surroundings.

Activation Energy

Activation energy is the minimum quantity of energy which the reacting species must possess in order to undergo a specified reaction.