Volcano Hot Wings has budgeted the following costs for a month in which 12,000 wings will...
Volcano Hot Wings has budgeted the following costs for a month
in which 12,000 wings will be cooked and sold.
| Wings, breading, and sauce | $ | 4,900 | |
| Direct labor (Variable) | 3,500 | ||
| Rent | 1,100 | ||
| Depreciation | 900 | ||
| Other fixed costs | 400 | ||
Each wing sells for $1.60 each. How much would Volcano Hot Wings’
profit increase if 100 more wings were sold?
Homework Answers
| Amount $ | ||
| Incremental revenue | 160.00 | =100*1.6 |
| Less: Increase Variable costs | ||
| Direct labor | 29.17 | =3500/12000*100 |
| Wings, breading, and sauce | 40.83 | =4900/1200*100 |
| Increase in profit | 90.00 | |
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