Solved: What is the break-even point in pies, Financial Accounting

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What is the break-even point in pies

Response to the following problem:

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?

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Financial Accounting: What is the break-even point in pies

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Financial Accounting: What is the break-even point in pies

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