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

question 46

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) $22,550
• B) $12,500
• C) $10,000
• D) $8,000
• E) $5,875

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Definitions:

Extracellular Material

Substances found outside of cells within a tissue or organism, which provides structural and biochemical support to surrounding cells.

Matrix

The intercellular substance of a tissue, or the material in which cells are embedded, ranging from the fluid blood plasma to solid bone.

Fibroblast

Fibroblast is a type of cell found in connective tissue that produces collagen and other fibers, playing a crucial role in wound healing and tissue repair.

Epithelium Classified

An organization of epithelial tissues based on cell shape and layering, which serve various functions such as protection, secretion, and absorption.