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College Pizza delivers pizzas to the dormitories and apartments near a major state university. The...

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Accounting

College Pizza delivers pizzas to the dormitories and apartments near a major state university. The companys annual fixed expenses are $63,000. The sales price of a pizza is $20, and it costs the company $10 to make and deliver each pizza. (In the following requirements, ignore income taxes.) Required: Using the contribution-margin approach, compute the companys break-even point in units (pizzas). What is the contribution-margin ratio? (Round your answer to 1 decimal place.) Compute the break-even sales revenue. Use the contribution-margin ratio in your calculation. How many pizzas must the company sell to earn a target profit of $69,000? Use the equation method. Prev Question 2 of 3 Total 2 of 3 Visit

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