Betty's Breads Is Trying to Calculate Its Breakeven Point

question 73

Multiple Choice

Betty's Breads is trying to calculate its breakeven point.Monthly fixed costs are $5,255.The cost of making one loaf of bread,considering labor and materials,is $3.50.Betty's sells the bread at $6 per loaf.How many loaves does Betty's need to sell each month in order to break even?

• A) 251
• B) 626
• C) 1502
• D) 2102
• E) 2200

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Definitions:

MP

An abbreviation for Modus Ponens, a form of argument in logic where if a conditional statement ("if P, then Q") is accepted, and the antecedent P holds, then the consequent Q logically must also hold.

MT

An abbreviation often referring to Modus Tollens, a form of deductive argument where the consequent in a conditional proposition is negated, leading to the negation of the antecedent.

Simp

Slang for a person who overly defers to someone else, typically a man excessively reverent or submissive towards a woman.

CD

Can refer to a "Compact Disc" used for storing digital data or "Certificate of Deposit" in finance; context needed for specific definition.