Are any fixed costs avoidable if we outsource? Question...

50.1K

Verified Solution

Question

Accounting

image
Are any fixed costs avoidable if we outsource? Question 25 4 pts Corny and Sweet grows and sells sweet corn at its roadside produce stand. When they earn $1,000 in sales revenue, their total variable expenses are $700 and their contribution margin is $300. If Corny and Sweet's total fixed costs are $275, how much sales revenue does Corny and Sweet need to earn in order to make operating income of $205? $1,600 $917 $1,120 $686 No new data to save. Last checked at 12:11pm MacBook Air

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students