Homework Answers
| 580 | 890 | 1200 | |
|---|---|---|---|
| Total fixed cost | 360 | 360 | 360 |
| Fixed cost per bar | 0.62 | 0.40 | 0.30 |
| Variable cost per bar | 2 | 2 | 2 |
| Total Variable cost | 1160 | 1780 | 2400 |
| Total Cost | 1520 | 2140 | 2760 |
| Cost per bar | 2.62 | 2.40 | 2.30 |
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Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $360...
Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $340...
Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $340 per week and the variable cost is $2.00 per ice cream bar. Complete the following table for the levels of ice cream bars sold per week. (Round your cost per bar answers to 2 decimal places.) 4 70 890 1,390 Number of Ice Cream Bars Total Fixed Cost Fixed Cost per Bar Variable Cost per Bar Total Variable Cost Total Cost Cost per Bar
Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $370...
Chill Out Novelties sells ice cream bars from a kiosk near
campus. Fixed costs are $370 per week and the variable cost is
$1.00 per ice cream bar. Complete the following table for the
levels of ice cream bars sold per week. (Round your cost
per bar answers to 2 decimal places.)
5. Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $370 per week and the variable cost is $1.00 per ice cream...
Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $330...
Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $330 per week and the variable cost is $1.00 per ice cream bar. Complete the following table for the levels of ice cream bars sold per week. (Round your cost per bar answers to 2 decimal places.) 530 840 1,220 Number of Ice Cream Bars Total Fixed Cost Fixed Cost per Bar Variable Cost per Bar Total Variable Cost Total Cost Cost per Bar
1 Scream For Ice Cream sells specialty ice cream in three flavors: Rocky Road, Peanut Butter,...
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...
Sales Budget Information: Jen & Berry's Ice Cream sales Each package of ice cream sells for...
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...
Break-Even with Multiple Products We Scream For Ice Cream sells ice cream in three flavors: Chocolate,...
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...
10.00 points Goes-Down-Smooth operates a number of smoothie bars in busy suburban malls. The fixed weekly...
10.00 points Goes-Down-Smooth operates a number of smoothie bars in busy suburban malls. The fixed weekly expense of a smoothie bar is $2,500, and the variable cost per smoothie served is $0.75. Required: 1. Fill in the following table with your estimates of total costs and cost per smoothie at the indicated levels of activity for a smoothie bar. (Round your "Cost per smoothie served" answers to 2 decimal places.) Smoothies Served in a Week 2,100 2,800 3,500 Fixed cost...
Jen & Berry’s sold 100,000 pints of ice cream last month according to the following contribution...
Jen & Berry’s sold 100,000 pints of ice cream last month according to the following contribution format income statement: Total $ Per Unit $ SALES $330,000 $3.30 VARIABLE COSTS 200,000 2.00 CONTRIBUTION MARGIN $ 130,000 $ 1.30 FIXED COSTS 50,000 NET INCOME $ 80,000 A competing company, Un-Friendly’s, also sold 100,000 pints of ice cream last month according to the following contribution format income statement: Total $ Per Unit $ SALES $255,000 ...
Blueil Company sells 10,000 units at $360 per unit. Fixed costs are $194,400 and income from...
Blueil Company sells 10,000 units at $360 per unit. Fixed costs are $194,400 and income from operations is $972,000. Determine the following: Round the contribution marginate to we decimal places a. Variable cost per unit b. Unit contribution margin c. Contribution margin ratio
Bluegill Company sells 15,700 units at $360 per unit. Fixed costs are $282,600, and income from...
Bluegill Company sells 15,700 units at $360 per unit. Fixed costs are $282,600, and income from operations is $1,413,000. Determine the following: Round the contribution margin ratio to two decimal places. a. Variable cost per unit b. Unit contribution margin per unit c. Contribution margin ratio
Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $340 per week and the variable cost is $2.00 per ice cream bar. Complete the following table for the levels of ice cream bars sold per week. (Round your cost per bar answers to 2 decimal places.) 4 70 890 1,390 Number of Ice Cream Bars Total Fixed Cost Fixed Cost per Bar Variable Cost per Bar Total Variable Cost Total Cost Cost per Bar
Chill Out Novelties sells ice cream bars from a kiosk near
campus. Fixed costs are $370 per week and the variable cost is
$1.00 per ice cream bar. Complete the following table for the
levels of ice cream bars sold per week. (Round your cost
per bar answers to 2 decimal places.)
5. Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $370 per week and the variable cost is $1.00 per ice cream...
Chill Out Novelties sells ice cream bars from a kiosk near campus. Fixed costs are $330 per week and the variable cost is $1.00 per ice cream bar. Complete the following table for the levels of ice cream bars sold per week. (Round your cost per bar answers to 2 decimal places.) 530 840 1,220 Number of Ice Cream Bars Total Fixed Cost Fixed Cost per Bar Variable Cost per Bar Total Variable Cost Total Cost Cost per Bar
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...
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...
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...
10.00 points Goes-Down-Smooth operates a number of smoothie bars in busy suburban malls. The fixed weekly expense of a smoothie bar is $2,500, and the variable cost per smoothie served is $0.75. Required: 1. Fill in the following table with your estimates of total costs and cost per smoothie at the indicated levels of activity for a smoothie bar. (Round your "Cost per smoothie served" answers to 2 decimal places.) Smoothies Served in a Week 2,100 2,800 3,500 Fixed cost...
Blueil Company sells 10,000 units at $360 per unit. Fixed costs are $194,400 and income from operations is $972,000. Determine the following: Round the contribution marginate to we decimal places a. Variable cost per unit b. Unit contribution margin c. Contribution margin ratio
Bluegill Company sells 15,700 units at $360 per unit. Fixed costs are $282,600, and income from operations is $1,413,000. Determine the following: Round the contribution margin ratio to two decimal places. a. Variable cost per unit b. Unit contribution margin per unit c. Contribution margin ratio
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