A local ice cream shop sells 10,000 cones of vanilla-flavored ice cream each year. The cones...
A local ice cream shop sells 10,000 cones of vanilla-flavored ice cream each year. The cones are ordered from an outside supplier and it takes 5 days for each shipment of cones to arrive. Ordering costs are estimated at $15 per order. Carrying costs are $5 per cone per year. Assume that the ice cream shop is open 250 days a year. What is the reorder point (ROP)?
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A local ice cream shop sells 10,000 cones of vanilla-flavored
ice cream each year. The cones...
At the local ice cream parlour, the price elasticity of demand for ice cream cones is...
At the local ice cream parlour, the price elasticity of demand for ice cream cones is -1.5 at the current price of $4 per cone and the current quantity demanded of 500 cones. The local ice cream parlour is thinking about to increasing the price to $4.10 per cone. How many ice cream cones will be sold at this higher price? Will the store’s total revenue increase or decrease?
cone? Dairy Days Ice Cream sells ice cream cones for $500 per customer Variable costs are...
cone? Dairy Days Ice Cream sells ice cream cones for $500 per customer Variable costs are $1 00 per cone Fixed costs are $2,400 per month What is Dairy Days contribution margin per ice cream OA. $100 OB. 54 00 OC $50D O D. $0 80
Dairy Days Ice Cream sells ice cream cones for $ 6.00per customer. Variable costs are $...
Dairy Days Ice Cream sells ice cream cones for $ 6.00per customer. Variable costs are $ 5.00per cone. Fixed costs are $ 2,500 per month. What is Dairy Days' contribution margin ratio? A. 266% B. 17% C. 55% D. 58%
how would i solve this Question Dairy Days loe Cream sells ice cream cones for $3.00...
how
would i solve this
Question Dairy Days loe Cream sells ice cream cones for $3.00 per customer. Variable costs are $2.00 per cone. Fred costs are $2.200 per month. What is Dairy Days' contribution margin per ice cream cone? O A $1.00 OB. $0.33 OC. $3.00 OD. $2.00
The Vaughn House sells ice cream cones in a variety of flavours. Data for a recent...
The Vaughn House sells ice cream cones in a variety of flavours. Data for a recent week appear here: Revenue (900 cones at $1.51 each) $1,359 Cost of ingredients 513 Rent 288 Store attendant 495 Income $ 63 The Vaughn House's manager received a call from a university student club, requesting a bid on 100 cones to be picked up in three days. The cones could be produced in advance by the store attendant during slack periods and then stored...
Pb-b4A (similar to) The Old Fashioned Ice Cream Shoppe sold 9,000 servings of ice cream during...
Pb-b4A (similar to) The Old Fashioned Ice Cream Shoppe sold 9,000 servings of ice cream during Ane for $2 per serving. The shop purchases the ice cream in large bubs from the Golden Ice Cream Company. Each boosts the shop $18 and has enough ice cream to 40 ice cream cones. The shop purchases the low cream cones for $0.25 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $1,700 per...
weet Ice Cream Shoppe sold 9,600 servings of ice cream during June for $4 per serving....
weet Ice Cream Shoppe sold 9,600 servings of ice cream during June for $4 per serving. The shop purchases the ice cream in large tubs from the Amazing Ice Cream Company. Each tub costs the shop $9 and has enough ice cream to fill 20 ice cream cones. The shop purchases the ice cream cones for $0. 15 each from a GF local warehouse club. Located in an outdoor mall, the rent for the shop space is $1.750 per month....
Lickety Split sells ice cream cones in a variety of flavours. The following are data for a recent week: Revenue (1,00...
Lickety Split sells ice cream cones in a variety of flavours.
The following are data for a recent week:
Revenue (1,000
cones at $1.75 each)
$1,750
Cost of
ingredients
$640
Rent
500
Store
attendant
600
1,740
Pretax income
$10
The manager estimates that if she were to increase the price of
cones from $1.75 to $1.93 each, weekly volume would be cut to 850
cones due to competition from other nearby ice cream shops.
Estimate the profit-maximizing price per cone....
purchases 40,000 boxes of ice cream cones over each 200-dav dering costs are $100 7-5 The...
purchases 40,000 boxes of ice cream cones over each 200-dav dering costs are $100 7-5 The Ethel Company period of business. Carrying costs are $2 per box and or per order. The company desires to maintain a safety stock of 500 boxes (on hand initially) and two days are required for delivery (a) What is the economic order quantity? (b) What is the optimal number of orders to be placed? (c) What is the total inventory cost associated with the...
Sweet Treats sells ice cream cones for $4.75 per customer. Variable costs are $125 per cone....
Sweet Treats sells ice cream cones for $4.75 per customer. Variable costs are $125 per cone. Fixed costs are $2,600 per month What is the company's contribution margin ratio? O A. 26.32% O B. 280% O C. 73.68% OD 3.5%
cone? Dairy Days Ice Cream sells ice cream cones for $500 per customer Variable costs are $1 00 per cone Fixed costs are $2,400 per month What is Dairy Days contribution margin per ice cream OA. $100 OB. 54 00 OC $50D O D. $0 80
how
would i solve this
Question Dairy Days loe Cream sells ice cream cones for $3.00 per customer. Variable costs are $2.00 per cone. Fred costs are $2.200 per month. What is Dairy Days' contribution margin per ice cream cone? O A $1.00 OB. $0.33 OC. $3.00 OD. $2.00
The Vaughn House sells ice cream cones in a variety of flavours. Data for a recent week appear here: Revenue (900 cones at $1.51 each) $1,359 Cost of ingredients 513 Rent 288 Store attendant 495 Income $ 63 The Vaughn House's manager received a call from a university student club, requesting a bid on 100 cones to be picked up in three days. The cones could be produced in advance by the store attendant during slack periods and then stored...
Pb-b4A (similar to) The Old Fashioned Ice Cream Shoppe sold 9,000 servings of ice cream during Ane for $2 per serving. The shop purchases the ice cream in large bubs from the Golden Ice Cream Company. Each boosts the shop $18 and has enough ice cream to 40 ice cream cones. The shop purchases the low cream cones for $0.25 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $1,700 per...
weet Ice Cream Shoppe sold 9,600 servings of ice cream during June for $4 per serving. The shop purchases the ice cream in large tubs from the Amazing Ice Cream Company. Each tub costs the shop $9 and has enough ice cream to fill 20 ice cream cones. The shop purchases the ice cream cones for $0. 15 each from a GF local warehouse club. Located in an outdoor mall, the rent for the shop space is $1.750 per month....
Lickety Split sells ice cream cones in a variety of flavours.
The following are data for a recent week:
Revenue (1,000
cones at $1.75 each)
$1,750
Cost of
ingredients
$640
Rent
500
Store
attendant
600
1,740
Pretax income
$10
The manager estimates that if she were to increase the price of
cones from $1.75 to $1.93 each, weekly volume would be cut to 850
cones due to competition from other nearby ice cream shops.
Estimate the profit-maximizing price per cone....
purchases 40,000 boxes of ice cream cones over each 200-dav dering costs are $100 7-5 The Ethel Company period of business. Carrying costs are $2 per box and or per order. The company desires to maintain a safety stock of 500 boxes (on hand initially) and two days are required for delivery (a) What is the economic order quantity? (b) What is the optimal number of orders to be placed? (c) What is the total inventory cost associated with the...
Sweet Treats sells ice cream cones for $4.75 per customer. Variable costs are $125 per cone. Fixed costs are $2,600 per month What is the company's contribution margin ratio? O A. 26.32% O B. 280% O C. 73.68% OD 3.5%
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