Examlex

Solved

Biscuit Company Sells Its Product for $50

question 84

Multiple Choice

Biscuit Company sells its product for $50. In addition, it has a variable cost ratio of 45 percent and total fixed costs of $6,875. What is the break-even point in units for Biscuit Company?


Definitions:

RLC Parallel Circuit

An electrical circuit consisting of a resistor (R), inductor (L), and capacitor (C) all connected in parallel with each other, affecting the total impedance of the circuit.

Applied Voltage

The electrical potential difference provided by an external source that is applied across a component or circuit.

Inductance

The property of an electrical conductor by which a change in current in the conductor induces a voltage in both the conductor itself and in any nearby conductors by electromagnetic induction.

RLC Series Circuit

An electrical circuit consisting of a resistor (R), inductor (L), and capacitor (C) connected in a single line, forming a sequence of elements.

Related Questions