The Meat Mart Has Computed Its Fixed Costs to Be

question 56

Multiple Choice

The Meat Mart has computed its fixed costs to be $.38 per pound given an average daily sales level of 500 pounds.It charges $5.59 a pound for top-grade ground beef.The variable cost per pound is $2.64.The tax rate is 34 percent.The accounting profit breakeven point is 211.5 pounds per day.What is the amount of the depreciation expense?

• A)$266.67
• B)$433.93
• C)$384.01
• D)$128.09
• E)$233.33

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Definitions:

Oxyhemoglobin

Oxygenated hemoglobin.

Carbaminohemoglobin

Carbon dioxide bound to hemoglobin by means of a reactive amino group on the hemoglobin.

Ventilation

The process of moving air in and out of the lungs, facilitating gas exchange with the internal environment.

Gas Exchange

The biological process through which gases (e.g., oxygen, carbon dioxide) are transferred between the blood and the external environment in the lungs.