Homework Answers
ans. c) 700
Net income is all revenue less all the expenses and also less
taxes.
Let the no. of cakes sold in a month be x
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Chris's Bakery sells strawberry cakes for $30 each. Chris's variable costs are $15 and her fixed...
matthew's bakery sells strawberry cakes for $15 each. Matthews variable costs are $5 and her fixed...
matthew's bakery sells strawberry cakes for $15 each. Matthews variable costs are $5 and her fixed costs total $3780 per month. if matthew's tax rate is 25% how many cakes mus matthew sell each month if she wants to earn $7560 in net income?
Pharoah's Bakery sells strawberry cakes for $25 each. Last month Brandi sold 1280 cakes. Variable costs...
Pharoah's Bakery sells strawberry cakes for $25 each. Last month Brandi sold 1280 cakes. Variable costs were $10 per cake and fixed costs totaled $3360. This month, Pharoah has decided to spend $1120 to sponsor a team for a Relay for Life golf tournament. She believes that the additional advertising from the sponsorship will generate 10% more sales than last month. What will be this month's operating income? O $8960 O $17760 O $16640 O $10080
Laura Hall owns and operates WildhorseCakes, a bakery that creates personalized birthday cakes for a child's...
Laura Hall owns and operates WildhorseCakes, 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 Variable expenses Contribution margin Fixed expenses Operating income $844,000 633,000 211,000 150,000 $ 61,000 (a) Your answer is correct. How many cakes will Laura Hall have to sell if she wants to earn $156,000...
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 (a) Your Answer Correct Answer (Used) How many cakes will Julianna Abdallah have to sell if she wants to earn...
Dorothy Taylor owns and operates SandhillCakes, a bakery that creates personalized birthday cakes for a child's...
Dorothy Taylor owns and operates SandhillCakes, 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 Variable expenses Contribution margin Fixed expenses Operating income $796,000 597.000 199,000 109,500 $ 89,500 (a) How many cakes will Dorothy Taylor have to sell if she wants to earn $144,000 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 $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 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...
Pharoah's Bakery sells strawberry cakes for $25 each. Last month Brandi sold 1280 cakes. Variable costs were $10 per cake and fixed costs totaled $3360. This month, Pharoah has decided to spend $1120 to sponsor a team for a Relay for Life golf tournament. She believes that the additional advertising from the sponsorship will generate 10% more sales than last month. What will be this month's operating income? O $8960 O $17760 O $16640 O $10080
Laura Hall owns and operates WildhorseCakes, 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 Variable expenses Contribution margin Fixed expenses Operating income $844,000 633,000 211,000 150,000 $ 61,000 (a) Your answer is correct. How many cakes will Laura Hall have to sell if she wants to earn $156,000...
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...
Dorothy Taylor owns and operates SandhillCakes, 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 Variable expenses Contribution margin Fixed expenses Operating income $796,000 597.000 199,000 109,500 $ 89,500 (a) How many cakes will Dorothy Taylor have to sell if she wants to earn $144,000 in operating income each...
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