Please help! Let's say you make up a business, in this case, let it be...

60.1K

Verified Solution

Question

Accounting

Please help!

Let's say you make up a business, in this case, let it be a ice cream shop.

Let's say a guy named Chris created it because it's a healthier alternative to regular icrcream. Let's say he hires 5 people to work for him, each with a wage of 20 p/hour. Let's say the cost driver that is the highest/biggest is the labor hours.

Pick the price you want to sell for (only one set price)

how can do you create a chart that has: the semi-vaerible costs, vaerible costs, fixed costs, show revenue, then how do we make a chart for the break-even, and how do we solve for the braek even point.

please show the steps for how to find each thing on the charts after you created the chosen numbers. please help!!! i can not understand how to find those

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