Old MacDonald Had a Farm with Expected Fixed Costs for Next

question 132

Multiple Choice

Old MacDonald had a farm with expected fixed costs for next year of $91,000. The projected selling price per bushel is $12, with variable costs of $5 per bushel.
How many bushels past the breakeven point does MacDonald have to sell to realize a pre-tax profit of $37,100?

• A) 18,300
• B) 5,300
• C) 7,420
• D) 13,000

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