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Comy and Sweet grows and sells sweet corn at its roadside produce stand. The selling price...
Comy and Sweet grows and sells sweet corn at its roadside produce stand. The selling price...
Comy and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen is $5.00, variable costs are $3.00 per dozon, and total foxed costs me $400. HOW many dorans of ears of com must Corny and Sweet sell to breakeven? (Round your final answer to the nearest unit amount.) O A 1.000 B. 80 C200 050 ck to select your answer
his Quiz: 20 pts possible Corny and Sweet grows and sells sweet corn at its roadside...
his Quiz: 20 pts possible Corny and Sweet grows and sells sweet corn at its roadside produce stand. The s costs are $1,000. What are breakeven sales in dollars? per dozen is $3.75, variable costs are $1 25 per dozen, and total fixed ○ A. S500 OB. $1,500 О с. $400 OD. S2.000 answer 2
17 The table below shows the daily costs of Corny's Corn Cobs. Corny's sells corn by...
17 The table below shows the daily costs of Corny's Corn Cobs. Corny's sells corn by the dozen in a perfectly competitive market. The market price of a dozen ears of corn is $2.20 per dozen. Tмс Quantity (Dozens of Ears) ($) 1.6 3.40 Corny's Corn Cobs AVC ATC ($) ($) 1.90 4.40 1.70 1.60 2.80 1.50 2.50 1.50 2.30 1.60 2.30 1.70 2.30 1.80 2.40 1.30 1.10 1.30 1.50 2.20 2.20 2.60 a. In the short run, to maximize...
The table below shows the daily costs of Cathy's Corn Stand. Cathy sells her corn cobs...
The table below shows the daily costs of Cathy's Corn Stand. Cathy sells her corn cobs in a perfectly competitive market. Cathy's Corn Stand's Production Costs Quantity (corn cobs) AVC (dollars) ATC (dollars) MC (dollars) 10.00 $2.50 $5.00 $2.50 20.00 2.25 3.50 2.00 30.00 2.00 2.83 1.50 40.00 1.81 2.44 1.25 50.00 1.70 2.20 1.25 60.00 1.67 2.08 1.50 70.00 1.68 2.04 1.75 80.00 1.75 2.06 2.25 90.00 1.86 2.14 2.75 a. Draw Cathy's marginal cost (MC) curve. Instructions: Use...
The table below shows the daily costs of Cathy's Corn Stand. Cathy sells her corn cobs...
The table below shows the daily costs of Cathy's Corn Stand. Cathy sells her corn cobs in a perfectly competitive market. Cathy's Corn Stand's Production Costs Quantity (corn cobs) AVC (dollars) 10.00 $2.50 20.00 2.25 30.00 2.00 40.00 1.81 50.00 1.70 60.00 1.67 70.00 1.68 80.00 1.75 90.00 ATC (dollars) $5.00 3.50 2.83 2.44 2.20 2.08 2.04 2.06 2.14 MC (dollars $2.50 2.00 1.50 1.25 1.25 1.50 1.75 2.25 2.75 a. Draw Cathy's marginal cost (MC) curve. Instructions: Use the...
The Muffin House produces and sells a variety of muffins. The selling price per dozen is...
The Muffin House produces and sells a variety of muffins. The selling price per dozen is $12, variable costs are $11 per dozen, and total fixed costs are $900. What are breakeven sales in dollars? O A. $10,800 O B. $900 O C. $9,900 O D. $480 McCoy Company wants to have an ending inventory of 9,000 units. McCoy Company has beginning inventory of 10,000 units and expects to sell 27,000 units. How many units should McCoy Company produce? O...
The contribution margin income statement of Sweet Pea Donuts for August 2018 follows: (Click the icon...
The contribution margin income statement of Sweet Pea Donuts for August 2018 follows: (Click the icon to view the contribution margin income statement.) Sweet Pea sells four dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.60 per dozen. A dozen custard-filled donuts sells for $8.00, with total variable cost of $3.20 per dozen. Read the requirements Requirement 1. Calculate the weighted average contribution margin. (Round all currency amounts...
Provide a detailed solution in Excel. 18. Walther has a roadside produce stand where he sells...
Provide a detailed solution in Excel.
18. Walther has a roadside produce stand where he sells oats, peas, beans, and barley. He buys these products at per-pound wholesale prices of, respectively, $1.05, $3.17, $1.99, and $0.95; he sells them at per-pound retail prices of, respectively, $1.29, $3.76, $2.23, and $1.65. Each day the amount demanded (in pounds) could be as little as zero for each product, and as much as 10, 8, 14, and 11 for oats, peas, beans, and...
The table below shows the daily costs of Cathy's Corn Stand. Cathy sells her corn cobs...
The table below shows the daily costs of Cathy's Corn Stand. Cathy sells her corn cobs in a perfectly competitive market. MC (dollars) $2.50 5.00 Cathy's Corn Stand's Production Costs Quantity (corn cobs) AVC (dollars) 8.0 $5.00 0 11. 4 .55 13.0 4.62 14.8 4.75 16.3 4.91 17.7 5.10 18.9 5.29 5.51 ATC (dollars) $12.50 10.00 9.23 8.81 8. 59 8.50 8.47 8.52 6 .45 7.41 9.52 Instructions: In part a, round your answer to one decimal place. In part...
Kim sells a small magazine full of motivational quotes to runners of all ages for $2.00...
Kim sells a small magazine full of motivational quotes to runners of all ages for $2.00 per copy. Hiring the printing press for one day, the only fixed cost is $300 an issue. The variable cost of printing each issue is $1.00 per copy. Kim is earning a profit of $500 per issue. How many copies per issue (units) is Kim selling? What is the contribution per unit? If Kim increases her desired profit to $1,000 per issue, how many...
Comy and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen is $5.00, variable costs are $3.00 per dozon, and total foxed costs me $400. HOW many dorans of ears of com must Corny and Sweet sell to breakeven? (Round your final answer to the nearest unit amount.) O A 1.000 B. 80 C200 050 ck to select your answer
his Quiz: 20 pts possible Corny and Sweet grows and sells sweet corn at its roadside produce stand. The s costs are $1,000. What are breakeven sales in dollars? per dozen is $3.75, variable costs are $1 25 per dozen, and total fixed ○ A. S500 OB. $1,500 О с. $400 OD. S2.000 answer 2
17 The table below shows the daily costs of Corny's Corn Cobs. Corny's sells corn by the dozen in a perfectly competitive market. The market price of a dozen ears of corn is $2.20 per dozen. Tмс Quantity (Dozens of Ears) ($) 1.6 3.40 Corny's Corn Cobs AVC ATC ($) ($) 1.90 4.40 1.70 1.60 2.80 1.50 2.50 1.50 2.30 1.60 2.30 1.70 2.30 1.80 2.40 1.30 1.10 1.30 1.50 2.20 2.20 2.60 a. In the short run, to maximize...
The table below shows the daily costs of Cathy's Corn Stand. Cathy sells her corn cobs in a perfectly competitive market. Cathy's Corn Stand's Production Costs Quantity (corn cobs) AVC (dollars) 10.00 $2.50 20.00 2.25 30.00 2.00 40.00 1.81 50.00 1.70 60.00 1.67 70.00 1.68 80.00 1.75 90.00 ATC (dollars) $5.00 3.50 2.83 2.44 2.20 2.08 2.04 2.06 2.14 MC (dollars $2.50 2.00 1.50 1.25 1.25 1.50 1.75 2.25 2.75 a. Draw Cathy's marginal cost (MC) curve. Instructions: Use the...
The Muffin House produces and sells a variety of muffins. The selling price per dozen is $12, variable costs are $11 per dozen, and total fixed costs are $900. What are breakeven sales in dollars? O A. $10,800 O B. $900 O C. $9,900 O D. $480 McCoy Company wants to have an ending inventory of 9,000 units. McCoy Company has beginning inventory of 10,000 units and expects to sell 27,000 units. How many units should McCoy Company produce? O...
The contribution margin income statement of Sweet Pea Donuts for August 2018 follows: (Click the icon to view the contribution margin income statement.) Sweet Pea sells four dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.60 per dozen. A dozen custard-filled donuts sells for $8.00, with total variable cost of $3.20 per dozen. Read the requirements Requirement 1. Calculate the weighted average contribution margin. (Round all currency amounts...
Provide a detailed solution in Excel.
18. Walther has a roadside produce stand where he sells oats, peas, beans, and barley. He buys these products at per-pound wholesale prices of, respectively, $1.05, $3.17, $1.99, and $0.95; he sells them at per-pound retail prices of, respectively, $1.29, $3.76, $2.23, and $1.65. Each day the amount demanded (in pounds) could be as little as zero for each product, and as much as 10, 8, 14, and 11 for oats, peas, beans, and...
The table below shows the daily costs of Cathy's Corn Stand. Cathy sells her corn cobs in a perfectly competitive market. MC (dollars) $2.50 5.00 Cathy's Corn Stand's Production Costs Quantity (corn cobs) AVC (dollars) 8.0 $5.00 0 11. 4 .55 13.0 4.62 14.8 4.75 16.3 4.91 17.7 5.10 18.9 5.29 5.51 ATC (dollars) $12.50 10.00 9.23 8.81 8. 59 8.50 8.47 8.52 6 .45 7.41 9.52 Instructions: In part a, round your answer to one decimal place. In part...
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