Use the Following to Answer Questions

question 21

Multiple Choice

Use the following to answer questions
Ogallah Inc. sells its product for $9.25 per unit. The variable costs per units are $2.50 and total fixed costs are $452,250. If Ogallah buys new software for the production process at a cost of $55,250, variable costs will be reduced by 20%.
-Assuming Ogallah purchases the software,the breakeven point will be:

• A)70,000
• B)62,379
• C)50,000
• D)30,000

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Definitions:

Key Employees

Individuals who have a significant impact on a company's performance, often holding positions that are crucial for the business's operations and strategic goals.

Insignificant Contributions

Inputs or efforts that have minimal impact or importance in the context of a larger goal or project.

Self-Employed

A person who works for themselves rather than an employer and is responsible for their own business operations.

Employment Insurance

A government program providing financial benefits to individuals temporarily unemployed through no fault of their own.