Sweet Tooth Bakery Bakes and Sells Pies

question 93

Multiple Choice

Sweet Tooth Bakery bakes and sells pies.Sweet Tooth 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:

Social Laws

Rules or regulations designed to govern behavior within a society, aiming to maintain order and protect citizens' rights and welfare.

Contingent Reward

A form of motivation dependent upon the achievement of a certain condition or set of criteria.

Organizational Commitment

A psychological state that characterizes an employee's relationship with their organization, reflecting their loyalty and willingness to remain part of it.

Subordinate

An individual who is under the authority or control of another person within an organizational hierarchy.