Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 3 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 6.00

local bakery

CoveAc€?cs Cakes is a local bakery. Price and cost information follows:

    

     
  Price per cake $ 14.81
  Variable cost per cake    
    Ingredients   2.31
    Direct labor   1.20
    Overhead (box, etc.)   0.24
  Fixed cost per month $ 4,092.20
 

      

Required:
1.

Determine CoveAc€?cs break-even point in units and sales dollars. (Round your other intermediate calculations to 2decimal places. Round your final answer to the nearest whole number for "Break-even Units" and to 2 decimals for "Break-Even Sales Dollars".)
   
   

  

2.

Determine the bakeryAc€?cs margin of safety if it currently sells 470 cakes per month. (Round your intermediate calculations to 2 decimals and use the break-even units calculated in Requirement 1.)
   
   

  

3.

Determine the number of cakes that Cove must sell to generate $1,700 in profit. (Round your intermediate calculations to 2 decimal places and final answer to nearest whole number.)

Answers

Maurice Tutor
(5)
Status NEW Posted 18 Aug 2017 03:08 PM My Price 6.00

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