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The break-even point is that level of activity where: Select one: a. variable cost equals fixed cost. b. total contribution margin equals the sum of

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The break-even point is that level of activity where: Select one: a. variable cost equals fixed cost. b. total contribution margin equals the sum of variable cost plus fixed cost. c. sales revenue equals total variable cost. d. contribution margin equals fixed cost. e. sales revenue equals fixed cost. XYZ Bakery bakes breads that are sold to local restaurants and grocery stores in Muscat. When 300 breads are baked, the average cost is $1.25 per bread. When 900 breads are baked, the average cost is $0.65 per bread. What is the total cost when 500 breads are baked? Select one: a. $445.00 b. $325.00 c. $625.00 d. None of the answers given e. $462.50

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