Tony Pena, owner, and mana ger of Tony’s Pizza. This is a small
store that delivers 12-inch pep peroni pizzas for phoned-in orders.
Each pizza sells for $10. Tony has the following data concerning
the prior 12 months of operations:
Homework Answers
As you can see from the image below the months of Feb, Mar & April are outliers since the pizzas were sold at loss (since selling price lower than cost price)
Conclusion : If Tony
Pizza need to make profits, these outliers need to be rectified and
cost per pizza to be below Rs 10 per pizza
Add Answer to:
Tony Pena, owner, and mana ger of Tony’s Pizza. This is a small
store that delivers...
Tony Pena, owner and manager of Tony’s Pizza. This is a small store that delivers 12-inch...
Tony Pena, owner and manager of Tony’s Pizza. This is a small
store that delivers 12-inch pepperoni pizzas for phoned-in orders.
Each pizza sells for $10. Tony has the following data concerning
the prior 12 months of operations:
Tony Pena, owner and manager of Tony's Pizza. This is a small store that delivers 12-inch pepperoni pizzas for phoned-in orders. Each pizza sells for $10. Tony has the following data concerning the prior 12 months of operations: Total Operating Costs $40,232...
Tony Pena, owner and manager of Tony’s Pizza. This is a small store that delivers 12-inch...
Tony Pena, owner and manager of Tony’s Pizza. This is a small
store that delivers 12-inch pepperoni pizzas for phoned-in orders.
Each pizza sells for $10. Tony has the following data concerning
the prior 12 months of operations:
Tony Pena, owner and manager of Tony's Pizza. This is a small store that delivers 12-inch pepperoni pizzas for phoned-in orders. Each pizza sells for $10. Tony has the following data concerning the prior 12 months of operations: Total Operating Costs $40,232...
Tony Pena, owner and manager of Tony’s Pizza. This is a small store that delivers 12-inch...
Tony Pena, owner and manager of Tony’s Pizza. This is a small
store that delivers 12-inch pepperoni pizzas for phoned-in orders.
Each pizza sells for $10. Tony has the following data concerning
the prior 12 months of operations:
Tony Pena, owner and manager of Tony's Pizza. This is a small store that delivers 12-inch pepperoni pizzas for phoned-in orders. Each pizza sells for $10. Tony has the following data concerning the prior 12 months of operations: Total Operating Costs $40,232...
Tony has the following data concerning the prior 12 months of operations: (1) determine if any data point could be inte...
Tony has the following data concerning the prior 12 months of
operations:
(1) determine if any data point could be interpreted as an
outlier and use the high-low method to estimate the per-unit
variable costs and total fixed costs for
the pizzeria and write the total cost equation.
Pizzas Prepared Total Operating Costs October 5,513 $40,232 6,067 40,544 November December 6,690 7,000 January February 42,897 44,564 30,549 2,586 March 3,000 34,536 April 3,492 May 3,718 June 4,010 36,216 36,291 37,373...
Tony has the following data concerning the prior 12 months of operations: What is the cost...
Tony has the following data concerning the prior 12 months of
operations:
What is the cost function equation obtained by running a least
squares reqression analysis?
If the cost function equation estimated by the high-low method:
Y=22338+3.18x. Which estimation method (high-low vs. least squares)
do you think provides the best fit?
Pizzas Prepared Total Operating Costs October 5,513 $40,232 6,067 40,544 November December 6,690 7,000 January February 42,897 44,564 30,549 2,586 March 3,000 34,536 April 3,492 May 3,718 June 4,010...
X is under product, variable, fixed, and mixed costs. It is Selling with S or Administrative...
X is under product, variable, fixed, and mixed costs. It is
Selling with S or Administrative with A.
Each pizza sells for $10.
Determine: The contribution margin per pizza; The breakeven
sales level (in number of pizzas; The sales level (in number of
pizzas) that will generate a profit of $9,000 for next
November.
Pizzas Prepared Total Operating Costs October 5,513 $40,232 6,067 40,544 November December 6,690 7,000 January February 42,897 44,564 30,549 2,586 March 3,000 34,536 April 3,492 May...
Tony Pena, owner and manager of Tony’s Pizza. This is a small
store that delivers 12-inch pepperoni pizzas for phoned-in orders.
Each pizza sells for $10. Tony has the following data concerning
the prior 12 months of operations:
Tony Pena, owner and manager of Tony's Pizza. This is a small store that delivers 12-inch pepperoni pizzas for phoned-in orders. Each pizza sells for $10. Tony has the following data concerning the prior 12 months of operations: Total Operating Costs $40,232...
Tony Pena, owner and manager of Tony’s Pizza. This is a small
store that delivers 12-inch pepperoni pizzas for phoned-in orders.
Each pizza sells for $10. Tony has the following data concerning
the prior 12 months of operations:
Tony Pena, owner and manager of Tony's Pizza. This is a small store that delivers 12-inch pepperoni pizzas for phoned-in orders. Each pizza sells for $10. Tony has the following data concerning the prior 12 months of operations: Total Operating Costs $40,232...
Tony Pena, owner and manager of Tony’s Pizza. This is a small
store that delivers 12-inch pepperoni pizzas for phoned-in orders.
Each pizza sells for $10. Tony has the following data concerning
the prior 12 months of operations:
Tony Pena, owner and manager of Tony's Pizza. This is a small store that delivers 12-inch pepperoni pizzas for phoned-in orders. Each pizza sells for $10. Tony has the following data concerning the prior 12 months of operations: Total Operating Costs $40,232...
Tony has the following data concerning the prior 12 months of
operations:
(1) determine if any data point could be interpreted as an
outlier and use the high-low method to estimate the per-unit
variable costs and total fixed costs for
the pizzeria and write the total cost equation.
Pizzas Prepared Total Operating Costs October 5,513 $40,232 6,067 40,544 November December 6,690 7,000 January February 42,897 44,564 30,549 2,586 March 3,000 34,536 April 3,492 May 3,718 June 4,010 36,216 36,291 37,373...
Tony has the following data concerning the prior 12 months of
operations:
What is the cost function equation obtained by running a least
squares reqression analysis?
If the cost function equation estimated by the high-low method:
Y=22338+3.18x. Which estimation method (high-low vs. least squares)
do you think provides the best fit?
Pizzas Prepared Total Operating Costs October 5,513 $40,232 6,067 40,544 November December 6,690 7,000 January February 42,897 44,564 30,549 2,586 March 3,000 34,536 April 3,492 May 3,718 June 4,010...
X is under product, variable, fixed, and mixed costs. It is
Selling with S or Administrative with A.
Each pizza sells for $10.
Determine: The contribution margin per pizza; The breakeven
sales level (in number of pizzas; The sales level (in number of
pizzas) that will generate a profit of $9,000 for next
November.
Pizzas Prepared Total Operating Costs October 5,513 $40,232 6,067 40,544 November December 6,690 7,000 January February 42,897 44,564 30,549 2,586 March 3,000 34,536 April 3,492 May...
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