Show the formula CASE PROBLEMS Level 1- Analyzing Sales for Crèmes Ice Cream quarter, he completes...
Can you please provide the formula for the worksheet also. CASE PROBLEMS Level 1- Analyzing Sales for Crèmes Ice Cream Judd Hemming is the eastern regional marketing manager for Crèmes Ice Cream. Eac quarter, he completes two separate analyses: an analysis comparing ice cream flavor sale volumes from all regional locations with the same quarter sales volumes from the previou year and an analysis comparing total sales in dollars, including mean, median, mode, and standard deviation, of sales by store....
Break-Even with Multiple Products We Scream For Ice Cream sells ice cream in three flavors: Chocolate, Strawberry, and Vanilla. It sold 28,000 gallons last year, but it is still losing money. For every five gallons of ice cream sold, one gallon is Strawberry and the remainder is split evenly between Chocolate and Vanilla. Fixed costs for We Scream For Ice Cream are $48,174 and additional information follows: Chocolate Vanilla Strawberry Sales price per gallon $5.15 $5.15 $5.15 Variable cost per...
Problem 16-52 Sales Volume, Sales Quantity, and Sales Mix Variances [LO 16-3] Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Flavor Vanilla Chocolate Strawberry Anchovy Gallons 312,000 390,000 260,000 78,000 Budgeted Data Selling Variable Price per costs per Gallon Gallon $1.85 $1.15 2.70 1.80 2.40 1.30 3.70 2.20 Actual Operating Results Selling Variable Price per costs per Gallons Gallon Gallon 252,000 $1.70 $1.05 360,000...
Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Flavor Vanilla Chocolate Strawberry Anchovy Budgeted Data Selling Variable Price per costs per Gallon Gallon $1.50 $0.80 2.00 1.10 2.05 0.95 3.00 1.50 Gallons 270,000 337,500 225,000 67,500 $ 1 Actual Operating Results Selling Variable Price per costs per Gallons Gallon Gallon 210,000 $1.35 $0.70 307,500 1.85 1.00 355,000 2.25 1.00 187,500 3.50 1.70 Required: 1....
Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow Budgeted Data Selling Price per Actual Operating Results Selling Price per Gallon $2.10 Variable Variable Costs per Gallon $1.45 Costs per Gallon Flavor Gallons Gallon Gallons Vanilla $2.25 $1.55 360,000 450,000 300,000 90,000 300,000 420,000 430,000 210,000 chocolate 3.50 2.60 3.35 2.50 strawberry Anchovy 1.70 1.75 2.80 3.00 3.20 4.50 3.00 5.00 Required: 1. Compute these...
1 Scream For Ice Cream sells specialty ice cream in three flavors: Rocky Road, Peanut Butter, and Fruity Tooty. It sold 18,000 gallons last year. For every five gallons of ice cream sold, one gallon is Fruity Tooty and the remainder is split evenly between Peanut Butter and Rocky Road. Fixed costs for I Scream For Ice Cream are $44,275.00 and additional information follows: Sales price per gallon Variable cost per gallon Rocky Road $6.00 $2.00 Peanut Butter $6.50 $2.50...
Margot’s Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Flavor Budgeted Data Actual Operating Results Gallons Selling Price per Gallon Variable Costs per Gallon Gallons Selling Price per Gallon Variable Costs per Gallon Vanilla 276,000 $ 1.55 $ 0.85 216,000 $ 1.40 $ 0.75 Chocolate 345,000 2.10 1.20 315,000 1.95 1.10 Strawberry 230,000 2.10 1.00 360,000 2.30 1.05 Anchovy 69,000 3.10 1.60 189,000 3.60 1.80...
please show how to do in excel solver Problem: Coneheads supplies its ice cream parlors with three flavors of ice cream: chocolate, vanilla, and banana. Due to extremely hot weather and a high demand for its products, the company has run short of its supply of ingredients: milk, sugar, and cream. Hence, they will not be able to fill all of the orders received from their retail outlets, the ice cream parlors. Due to these circumstances, the company has decided...
Sales Budget Information: Jen & Berry's Ice Cream sales Each package of ice cream sells for $6.00 a package. The company projects to sell 30 packages of ice cream in the October of 2018, with sales of 40 and 50 packages in November and December respectively. Based on the information provided, complete the sales budget for Jen & Berry's Ice Cream for October, November & December. (Total 6 points) Jen & Berry's Ice Cream Sales Budget October 2018 December 2018...
Semester Case - Cowboy Ice Cream, Inc. Assuming the expansion of CIC takes place, W.L. is trying to prepare a sales budget for the year following the expansion. Currently he's working on data for the wholesale division. Using the information compiled above, complete the following. Assume that selling and administrative expenses are 15% of sales revenue. During the first six months of the year, the price charged averaged $7.75 per unit. Round all computations to the nearest whole dollar. First...