The Agate Corporation Manufactures and Sells Two Types of Bookcases

question 7

Multiple Choice

The Agate Corporation manufactures and sells two types of bookcases, standard and deluxe. Agate expects the following operating results next year for each type of bookcase: Agate expects to have a total of $57,600 in fixed expenses next year. What is Agate's break-even point next year in sales dollars?

• A)$72,000
• B)$144,000
• C)$96,000
• D)$240,000

---

Definitions:

U.S. Union Membership

The membership affiliation of workers in the United States to labor unions, organizations that represent workers' interests and negotiate collective bargaining agreements.

Import Competition

The competition that domestic firms encounter from the products and services of foreign producers.

Unionization Rates

The proportion of employees in a specific industry or economic sector who belong to trade unions.

African Americans

A racial or ethnic group in the United States with origins in any of the black racial groups of Africa.