For 3,000 meals produced:
Sales revenue per unit = $6.00
Variable costs of meals produced = Total costs of meals produced
- Fixed costs of meals produced
Variable costs of meals produced = $13,500 - $4,500
Variable costs of meals produced = $9,000
Variable costs of meals produced per meal = Variable costs of
meals produced / Number of means produced
Variable costs of meals produced per meal = $9,000 / 3,000
Variable costs of meals produced per meal = $3.00
Variable administrative costs = Total administrative costs -
Fixed administrative costs
Variable administrative costs = $2,100 - $600
Variable administrative costs = $1,500
Total fixed costs = Fixed costs of meals produced + Fixed
administrative costs
Total fixed costs = $4,500 + $600
Total fixed costs = $5,100
For 3,300 meals produced:
Sales revenue = 3,000 * $6.00 + 300 * $3.50
Sales revenue = $19,050
Variable costs of meals produced = $3.00 * 3,300
Variable costs of meals produced = $9,900
Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. The following...
Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. The following is her forecasted income statement for April, when she expects to produce and sell 3,000 meals: Amount Per Unit Sales revenue $ 18,000 $ 6.00 Costs of meals produced 13,500 4.50 Gross profit $ 4,500 $ 1.50 Administrative costs 2,100 0.70 Operating profit $ 2,400 $ 0.80 Fixed costs included in this income statement are $4,500 for meal production and $600 for administrative costs....
Help Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. The following is her forecasted income statement for April, when she expects to produce and sell 3,000 meals. Sales revenue Costs of meals produced Gross profit Administrative costs Operating profit Amount $18,000 13,500 $ 4,500 2,100 $ 2,400 Per Unit $6.00 4.50 $1.50 0.70 $0.80 Fixed costs included in this income statement are $4,500 for meal production and $600 for administrative costs. Maria has received...
Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. Here is her forecasted income statement for April, when she expects to produce and sell 3,000 meals: amount / per unit Sales revenue $ 18,000 / $ 6.00 Costs of meals produced 13,500 / 4.50 Gross profit $ 4,500 / $ 1.50 Administrative costs 2,100 / 0.70 Operating profit $ 2,400 / $ 0.80 Fixed costs included in this income statement are $4,500 for meal production and...
Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. The following is her forecasted income statement for April, when she expects to produce and sell 2,800 meals: Amount Per Unit Sales revenue $ 16,240 $ 5.80 Costs of meals produced 12,320 4.40 Gross profit $ 3,920 $ 1.40 Administrative costs 2,240 0.80 Operating profit $ 1,680 $ 0.60 Fixed costs included in this income statement are $4,144 for meal production and $560 for administrative costs....
Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. Here is her forecasted Income statement for April, when she expects to produce and sell 2,900 meals: Sales revenue Costs of meals produced Gross profit Administrative costs Operating profit Amount $ 17,110 12,905 $ 4,205 2,320 $ 1,885 Per Unit $ 5.90 4.45 $ 1.45 0.80 $ 0.65 Fixed costs included in this income statement are $4,205 for meal production and $580 for administrative costs. Maria...
need help please Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. The following is her forecasted income statement for April, when she expects to produce and sell 3,500 meals: Sales revenue Costs of meals produced Gross profit Administrative costs Operating profit Amount $ 22,750 16,625 $ 6,125 2,450 $ 3,675 Per Unit $6.50 4.75 $1.75 0.70 $ 1.05 Fixed costs included in this income statement are $5,425 for meal production and $700 for administrative...
Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. The following is her forecasted Income statement for April, when she expects to produce and sell 2700 meals: Sales revenue Costs of meals produced Gross profit Administrative costs Operating profit Amount $ 15,398 11.745 $ 3,645 2,160 $ 1,485 Per Unit $ 5.70 4.35 $ 1.35 $8.55 Fixed costs included in this income statement are $3.969 for meal production and $540 for administrative costs. Maria has...
Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. Here is her forecasted income statement for April, when she expects to produce and sell 2,300 meals: Sales revenue Costs of meals produced Gross profit Administrative costs Operating profit Amount $ 12,190 9,545 $ 2,645 1,150 $ 1,495 Per Unit $ 5.30 4.15 $ 1.15 0.50 $ 0.65 Fixed costs included in this income statement are $2,645 for meal production and $460 for administrative costs. Maria...
QUIZ #4 Exercise 4-36 (Algo) Special Orders (LO 4-1,2) Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. The following is her forecasted income statement for April, when she expects to produce and sell 2,800 meals: Amount Per Unit Sales revenue $ 16,240 $ 5.80 Costs of meals produced 12,320 4.40 Gross profit $ 3,920 $ 1.40 Administrative costs 2,240 0.80 Operating profit $ 1,680 $ 0.60 Fixed costs included in this income statement are...
1 1 Exercise 4-36 (Static) Special Orders (LO 4-1,2) 0.75 poing Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. The following is her forecasted income statement for April when she expects to produce and sell 3,000 meals Sales revenue Contot malo pred So proti Imount $10.000 13.500 $4,500 2,100 Per tris $6.00 4.50 $1.50 0.70 Operating proti Block Pynt Fixed costs included in this income statement are $4,500 for meal production and 5600 for...