Sweet tooth bakery bakes and sells pies sweet tooth has, Ask an Expert

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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 sales dollars?

A) $3,100,000

B) $2,875,000

C) $1,705,000

D) $1,625,000

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91608315

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