Mix Sweet Shop Bakes and Sells Pies

question 116

Multiple Choice

Mix Sweet Shop bakes and sells pies.Mix has annual fixed costs of $880,000 and a variable cost per pie of $7.50.Each pie sells for $15.50 each.The firm expects to sell 500,000 pies annually.What is the break-even point in pies?

• A) 190,440
• B) 280,000
• C) 200,000
• D) 110,000

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Definitions:

Leader-Member Relations

The dynamics and quality of the interaction and communication between a leader and their team members.

Fiedler's Contingency Model

A leadership theory proposing that a leader's effectiveness is contingent on the compatibility between the leader's style of leadership and the demands of the situation.

Low-Task

Describes a situation or job that requires minimal cognitive or physical effort, typically involving routine or simple activities.

Hersey-Blanchard

A situational leadership model that suggests the leadership style should be adjusted based on the maturity level of the followers.