Homework Answers
(a) Units sold = Sales / Selling price = $719,680 / $52 = 13,840 cakes
Contribution margin per unit = Contribution margin / Units sold = $179,920 / 13,840 cakes = $13 per cake
Add Answer to:
Question 1 Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for...
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...
Question 2 Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for...
Question 2 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 Variable expenses Contribution margin $749,280 561,960 187,320 133,000 $ 54,320 Fixed expenses Operating income (a) X Your answer is incorrect. Try again. How many cakes will Julianna Abdallah have to sell if...
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 Contribution margin Fixed expenses Operating income $994,560 745,920 248,640 132,800 $ 115,840 (a) How many cakes will Julianna Abdallah have to sell if she wants to earn $131,568 in operating income each...
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 Variable expenses Contribution margin Fixed expenses Operating income $873,600 655,200 218,400 116,550 $ 101,850 (a) Your answer is correct. How many cakes will Julianna Abdallah have to sell if she wants to earn $120,060...
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 $50 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 Contribution margin Fixed expenses Operating income $793,000 586.820 206,180 85,800 $ 120,380 ✓ Your answer is correct. How many cakes will Julianna Abdallah have to sell if she wants to earn $145,041...
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 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...
Question 2 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 Variable expenses Contribution margin $749,280 561,960 187,320 133,000 $ 54,320 Fixed expenses Operating income (a) X Your answer is incorrect. Try again. How many cakes will Julianna Abdallah have to sell if...
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 Contribution margin Fixed expenses Operating income $994,560 745,920 248,640 132,800 $ 115,840 (a) How many cakes will Julianna Abdallah have to sell if she wants to earn $131,568 in operating income each...
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 Variable expenses Contribution margin Fixed expenses Operating income $873,600 655,200 218,400 116,550 $ 101,850 (a) Your answer is correct. How many cakes will Julianna Abdallah have to sell if she wants to earn $120,060...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $50 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 Contribution margin Fixed expenses Operating income $793,000 586.820 206,180 85,800 $ 120,380 ✓ Your answer is correct. How many cakes will Julianna Abdallah have to sell if she wants to earn $145,041...
Most questions answered within 3 hours.
-
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 17 minutes ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 1 hour ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 1 hour ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 3 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 3 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 4 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 5 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 5 hours ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 5 hours ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 5 hours ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 6 hours ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 6 hours ago