question 37 help

Wheat Enterprise Budget one scre. one year) Unit Quantity Price Amount Revenue Wheat grain Total Revenue bushel $5.00 1 $260.00 $260.00 Operating Expenses (aka variable costs) 16 Fertilizer Chemicals, Fuel and Repairs Labor Total Operating Expenses 13 SEO $15.00 $0.32 $38.40 1 | $23.40 $23.10 $56.00 $132.80 hour 2 ore sna Ownership Expenses (aka fixed costs) Machinery depreciation Machinery interest Other ownership expenses (land) Total Ownership Expenses Total Expenses 1 | $14.20 1 | $10.60 1 | $56.50 $14.20 $10.60 $36.50 $$1.30 $214.10 Profit $45.90 Wheat Enterprise Budget one scre. one year) Unit Quantity Price Amount Revenue Wheat grain Total Revenue bushel $5.00 1 $260.00 $260.00 Operating Expenses (aka variable costs) 16 Fertilizer Chemicals, Fuel and Repairs Labor Total Operating Expenses 13 SEO $15.00 $0.32 $38.40 1 | $23.40 $23.10 $56.00 $132.80 hour 2 ore sna Ownership Expenses (aka fixed costs) Machinery depreciation Machinery interest Other ownership expenses (land) Total Ownership Expenses Total Expenses 1 | $14.20 1 | $10.60 1 | $56.50 $14.20 $10.60 $36.50 $$1.30 $214.10 Profit $45.90 Question 37 (3 points) What is the break-even price? a. $2.55/bu b. $4.12/bu Oc. $5.00/bu d. $ d. $214.10/acre