Chulo Ibsen makes and sells hand-forged wrought iron firescreens for $125 each.He has determined that his fixed costs are $8,000,and his average variable costs per firescreen are $45.What is his break-even point in dollars?
A) $22,550
B) $12,500
C) $10,000
D) $8,000
E) $5,875
Correct Answer:
Verified
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