Current Attempt in Progress Lisa Anderson owns and operates WildhorseCakes, a bakery that creates personalized...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Current Attempt in Progress Lisa Anderson owns and operates WildhorseCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $40 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows Sales revenue Variable expenses Contribution margin Foed experses Operating income $900,000 600,000 200,000 110,000 $90,000 Your answer is correct. How many cakes will Lisa Anderson have to sell if she wants to earn $145,000 in operating income each month? 25500 cakes eTextbook and Media Attempts: 4 of 12fused (b) Assuming a 30% tax rate, how many cakes will Lisa Anderson have to sell if she wants to earn $114,100 in net income each month? (Round answer to decimal places, es 5,275.) cakes e Textbook and Media Savero Attempts of 12 used Sus
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.