Chulo Ibsen Makes and Sells Hand-Forged Wrought Iron Firescreens for $125

question 51

Multiple Choice

Chulo Ibsen makes and sells hand-forged wrought iron firescreens for $125 each.He has determined that his fixed costs are $8,000,and his average variable costs per firescreen are $45.What is his break-even point in dollars?

• A)$8,000
• B)$10,000
• C)$12,500
• D)$22,550

---

Definitions:

Army Officers

Military personnel who hold positions of authority and command within an army, responsible for leading and managing soldiers.

Three Skill Model

A leadership model suggesting that effective leaders require a combination of technical, human, and conceptual skills.

Leadership

The act of guiding or managing a group of people or an organization.

Katz

Refers to a model developed by Robert Katz that identifies three essential managerial skills: technical, human, and conceptual.