Ples by Nicole sells two different types of ples at Thanksgiving. Nicole has asked you...

70.2K

Verified Solution

Question

Accounting

image
Ples by Nicole sells two different types of ples at Thanksgiving. Nicole has asked you to do some analysis on her costs and prots. You are alven the following Information for each type of ple Products Sales price Variable manufacturing Variable selling costs costs Pumpkin Ple $7 $3 $1 Pecan Ple $6 $2 $1.50 Nicole anticipates selling 500 ples, of which 200 pies will be pumpkin. Annual fixed costs are $810 Part 1: What is the shop's sales mix? Pumpkin Ple Pecan Pie: Part 2: Compute the weighted average contribution margin using the table presented below Products Sales Mix CM/Unit Weighted Average CM Pumpkin Ipie (pecan Ple Total Part 3: How much of each type of pie must the firm sell to breakeven? Pumpkin Ple: Pecan Pie: Part 4: What is the shop's breakeven point in sales dollars? Part 5: How many ples in total must the firm sell to earn a target operating income of $5,400

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