Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s first birthday. The cakes, which sell for $64 and feature an edible picture of the child, are shipped throughout the country. A typical month’s results are as follows: Please show work
| Sales revenue | $954,240 | |
| Variable expenses | 715,680 | |
| Contribution margin | 238,560 | |
| Fixed expenses | 143,840 | |
| Operating income | $ 94,720 |
What is FirstCakes’ contribution margin per unit?
| Contribution margin per unit | $Enter contribution margin in dollars per cake Enter contribution margin in dollars per cakeEnter contribution margin in dollars per cake per cake |
What is FirstCakes’ monthly breakeven point in units?
| Breakeven point | Enter breakeven point in unitsEnter breakeven point in unitsEnter breakeven point in units cakes |
What is FirstCakes’ contribution margin ratio?
| Contribution margin ratio | Enter contribution margin ratio in percentagesEnter contribution margin ratio in percentagesEnter contribution margin ratio in percentages % |
What is FirstCakes’ monthly breakeven point in sales dollars?
| Breakeven sales | $enter breakeven sales in dollars enter breakeven sales in dollarsenter breakeven sales in dollars |
Homework Answers
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Julianna Abdallah owns and operates FirstCakes, a bakery that
creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s first birthday. The cakes, which sell for $56 and feature an edible picture of the child, are shipped throughout the country. A typical month’s results are as follows: Sales revenue $944,720 Variable expenses 708,540 Contribution margin 236,180 Fixed expenses 123,620 Operating income $ 112,560 A. What is FirstCakes’ contribution margin per unit? Contributing Margin per unit $_____ per cake B. What is FirstCakes’ monthly...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child's...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $64 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: Sales revenue Variable expenses $784,000 588,000 196,000 124,640 Contribution margin Fixed expenses Operating income $ 71,360 What is FirstCakes' contribution margin per unit? Contribution margin per unit $ per cake LINK TO TEXT LINK TO VIDEO...
Exercise 3-3 Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for...
Exercise 3-3 Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $48 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: Sales revenue $646,080 Variable expenses 484,560 Contribution margin 161,520 Fixed expenses 100,920 $ 60,600 Operating income What is FirstCakes' contribution margin per unit? Contribution margin per unit $ per cake LINK TO TEXT LINK...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s first birthday. The cakes, which sell for $48 and feature an edible picture of the child, are shipped throughout the country. A typical month’s results are as follows: Sales revenue $840,480 Variable expenses 630,360 Contribution margin 210,120 Fixed expenses 112,200 Operating income $ 97,920 Assuming a 30% tax rate, how many cakes will Julianna Abdallah have to sell if she wants to earn $114,660...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s first birthday. The cakes, which sell for $56 and feature an edible picture of the child, are shipped throughout the country. A typical month’s results are as follows: Sales revenue $866,320 Variable expenses 649,740 Contribution margin 216,580 Fixed expenses 102,620 Operating income $ 113,960 (a) New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is incorrect....
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s first birthday. The cakes, which sell for $56 and feature an edible picture of the child, are shipped throughout the country. A typical month’s results are as follows: Sales revenue $866,320 Variable expenses 649,740 Contribution margin 216,580 Fixed expenses 102,620 Operating income $ 113,960 Assuming a 25% tax rate, how many cakes will Julianna Abdallah have to sell if she wants to earn $161,700...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s first birthday. The cakes, which sell for $56 and feature an edible picture of the child, are shipped throughout the country. A typical month’s results are as follows: Sales revenue $866,320 Variable expenses 649,740 Contribution margin 216,580 Fixed expenses 102,620 Operating income $ 113,960 Assuming a 25% tax rate, how many cakes will Julianna Abdallah have to sell if she wants to earn $161,700...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s first birthday. The cakes, which sell for $40 and feature an edible picture of the child, are shipped throughout the country. A typical month’s results are as follows: Sales revenue $840,000 Variable expenses 630,000 Contribution margin 210,000 Fixed expenses 112,000 Operating income $ 98,000 a) Assuming a 30% tax rate, how many cakes will Julianna Abdallah have to sell if she wants to earn...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that
creates personalized birthday cakes for a child’s first birthday.
The cakes, which sell for $60 and feature an edible picture of the
child, are shipped throughout the country. A typical month’s
results are as follows:
Sales revenue
$1,005,600
Variable expenses
754,200
Contribution margin
251,400
Fixed expenses
107,400
Operating income
$ 144,000
Assuming a 30% tax rate, how many cakes will Julianna Abdallah have to sell if she wants to earn $98,280...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s first birthday. The cakes, which sell for $48 and feature an edible picture of the child, are shipped throughout the country. A typical month’s results are as follows: Sales revenue $840,480 Variable expenses 630,360 Contribution margin 210,120 Fixed expenses 112,200 Operating income $ 97,920 (a) Your Answer Correct Answer (Used) How many cakes will Julianna Abdallah have to sell if she wants to earn...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $64 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: Sales revenue Variable expenses $784,000 588,000 196,000 124,640 Contribution margin Fixed expenses Operating income $ 71,360 What is FirstCakes' contribution margin per unit? Contribution margin per unit $ per cake LINK TO TEXT LINK TO VIDEO...
Exercise 3-3 Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $48 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: Sales revenue $646,080 Variable expenses 484,560 Contribution margin 161,520 Fixed expenses 100,920 $ 60,600 Operating income What is FirstCakes' contribution margin per unit? Contribution margin per unit $ per cake LINK TO TEXT LINK...
Julianna Abdallah owns and operates FirstCakes, a bakery that
creates personalized birthday cakes for a child’s first birthday.
The cakes, which sell for $60 and feature an edible picture of the
child, are shipped throughout the country. A typical month’s
results are as follows:
Sales revenue
$1,005,600
Variable expenses
754,200
Contribution margin
251,400
Fixed expenses
107,400
Operating income
$ 144,000
Assuming a 30% tax rate, how many cakes will Julianna Abdallah have to sell if she wants to earn $98,280...
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