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Solve the problem. A bakery makes and sells pastries. The fixed monthly cost to the bakery...
Question 5 3 pts Solve the problem. A bakery makes and sells pastries. The fixed monthly...
Question 5 3 pts Solve the problem. A bakery makes and sells pastries. The fixed monthly cost to the bakery is $720. The cost for labor, taxes, and ingredients for the pastries amounts to S0.70 per pastry. The pastries sell for $1.60 each. Write a linear profit function representing the profit for producing and selling x pastries. O P(x) = 2.3x - 720 OP(x) = -0.9x + 720 O P(x) = 2.3x + 720 OP(x) - 0.9x + 720 OP(x)...
Textbook 1 Page 22 2. Gobblecakes is a bakery that specializes in cupcakes. The annual fixed...
Textbook 1 Page 22 2. Gobblecakes is a bakery that specializes in cupcakes. The annual fixed cost to make cupcakes is $18,000. The variable cost including ingredients and labor to make a cupcake is $0.90. The bakery sells cupcakes for $3.20 apiece. a. If the bakery sells 12,000 cupcakes annually, determine the total cost, total revenue, and profit. b. How many cupcakes will the bakery need to sell in order to break even? 5. Graphically illustrate the break-even volume for...
A bakery sells specialty handmade loaves of bread. Daily fixed costs of product on are $125, while the marginal cost per loaf is $1.60. A bit of experimenting with their pricing structure has determin...
A bakery sells specialty handmade loaves of bread. Daily fixed costs of product on are $125, while the marginal cost per loaf is $1.60. A bit of experimenting with their pricing structure has determined that 40 loaves will be sold if the selling price per loaf is $7.00; while 60 loaves will be sold if the selling price per loaf is $5.50. Assuming a linear price-demand relationship : (1) Show that the maximum daily profit is $110.20 when the price...
Miko's Bakery is a pie shop that specializes in custard and fruit pies. It makes delicious...
Miko's Bakery is a pie shop that specializes in custard and fruit pies. It makes delicious pies and sells them at reasonable prices so that it can sell all the pies it makes in a day. Every dozen custard pies net Miko's $15 and requires 12 pounds of flour, 50 eggs, 5 pounds of sugar, and no fruit mixture. Every dozen fruit pies nets a $25 profit and uses 10 pounds of flour, 40 eggs, 10 pounds of sugar, and...
Miko's Bakery is a pie shop that specializes in custard and fruit pies. It makes delicious pies a...
Miko's Bakery is a pie shop that specializes in custard and fruit pies. It makes delicious pies and sells them at reasonable prices so that it can sell all the pies it makes in a day. Every dozen custard pies net Miko's $15 and requires 12 pounds of flour, 50 eggs, 5 pounds of sugar, and no fruit mixture. Every dozen fruit pies nets a $25 profit and uses 10 pounds of flour, 40 eggs, 10 pounds of sugar, and...
how? Victor Company makes a single product. The company has monthly fined consta $700.000 Vale costs...
how?
Victor Company makes a single product. The company has monthly fined consta $700.000 Vale costs of 5.30 per unit. Each unit of product is sold for $35. Brevard expects to sell 25.000 min 2. What is the monthly operating profil 19. Refer a chibit $175.000 S675.000 None of the answer claices is correct sales price increases to percent Refer to Exhibit 2. What would be the operating profit if the S112. 23.500 None of the answer choices is correct...
Solve question 6 to 10 Assume that Bay King Products sells three varieties of canned seafood...
Solve question 6 to 10
Assume that Bay King Products sells three varieties of canned seafood with the following prices costs: Selling Price per Case $125 $150 $100 Variable Cost per Case $95 100 Fixed Cost per Month Premium Royal Deluxe Entire firm 80 $246,500 The sales mix (in cases) is 30% Premium, 20% Royal, and 50% Deluxe. Required What is the weighted average contribution margin? 2. What is the break even point in total monthly sales units? 3.What is...
Andy Mendoza makes handcrafted dolls, which he sells at craft fairs. He is considering mass- producing...
Andy Mendoza makes handcrafted dolls, which he sells at craft fairs. He is considering mass- producing the dolls to sell in stores. He estimates that the initial investment for plant and equipment will be $25,000, whereas labor, material, packaging, and shipping will be about $10 per doll. If the dolls are sold for $30 each, what sales volume is necessary for Andy to break even? Andy Mendoza is concerned that the demand for his dolls will not exceed the break-even...
Show All Your Works How Do You Solve It: Calculate Sales mix and Contribution margin for...
Show All Your Works How Do You Solve It: Calculate Sales mix and Contribution margin for 256GB in Requirement 10 GigaCo Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other devices). Price and cost data for a relevant range extending to 200,000 units per month are as follows: i Requirements - X Data Table - X 20.00 7.40 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? 2. What...
Kindly please solve for problem B. Thank you. Special Order Total cost data follow for Glendale...
Kindly please solve for problem B. Thank you.
Special Order Total cost data follow for Glendale Manufacturing Company, which has a normal capacity per period of 8,000 units of product that sell for $60 each. For the foreseeable future, regular sales volume should continue to equal normal capacity. Direct material Direct labor Variable manufacturing owerhead Fixed manufacturing averhead (Note 1 Selling expensei Note 2) Administrative expense (fixed) $98,400 60,000 44,400 38,400 35,200 15,000 $291.400 Notes: 1. Beyond normal capacity, fixed...
Question 5 3 pts Solve the problem. A bakery makes and sells pastries. The fixed monthly cost to the bakery is $720. The cost for labor, taxes, and ingredients for the pastries amounts to S0.70 per pastry. The pastries sell for $1.60 each. Write a linear profit function representing the profit for producing and selling x pastries. O P(x) = 2.3x - 720 OP(x) = -0.9x + 720 O P(x) = 2.3x + 720 OP(x) - 0.9x + 720 OP(x)...
Textbook 1 Page 22 2. Gobblecakes is a bakery that specializes in cupcakes. The annual fixed cost to make cupcakes is $18,000. The variable cost including ingredients and labor to make a cupcake is $0.90. The bakery sells cupcakes for $3.20 apiece. a. If the bakery sells 12,000 cupcakes annually, determine the total cost, total revenue, and profit. b. How many cupcakes will the bakery need to sell in order to break even? 5. Graphically illustrate the break-even volume for...
how?
Victor Company makes a single product. The company has monthly fined consta $700.000 Vale costs of 5.30 per unit. Each unit of product is sold for $35. Brevard expects to sell 25.000 min 2. What is the monthly operating profil 19. Refer a chibit $175.000 S675.000 None of the answer claices is correct sales price increases to percent Refer to Exhibit 2. What would be the operating profit if the S112. 23.500 None of the answer choices is correct...
Solve question 6 to 10
Assume that Bay King Products sells three varieties of canned seafood with the following prices costs: Selling Price per Case $125 $150 $100 Variable Cost per Case $95 100 Fixed Cost per Month Premium Royal Deluxe Entire firm 80 $246,500 The sales mix (in cases) is 30% Premium, 20% Royal, and 50% Deluxe. Required What is the weighted average contribution margin? 2. What is the break even point in total monthly sales units? 3.What is...
Show All Your Works How Do You Solve It: Calculate Sales mix and Contribution margin for 256GB in Requirement 10 GigaCo Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other devices). Price and cost data for a relevant range extending to 200,000 units per month are as follows: i Requirements - X Data Table - X 20.00 7.40 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? 2. What...
Kindly please solve for problem B. Thank you.
Special Order Total cost data follow for Glendale Manufacturing Company, which has a normal capacity per period of 8,000 units of product that sell for $60 each. For the foreseeable future, regular sales volume should continue to equal normal capacity. Direct material Direct labor Variable manufacturing owerhead Fixed manufacturing averhead (Note 1 Selling expensei Note 2) Administrative expense (fixed) $98,400 60,000 44,400 38,400 35,200 15,000 $291.400 Notes: 1. Beyond normal capacity, fixed...
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