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1 1 pts Steve's baked goods makes and sells cookies. At a production and sales level of 5,000 cookies, Steve has the following costs per
1 1 pts Steve's baked goods makes and sells cookies. At a production and sales level of 5,000 cookies, Steve has the following costs per cookie: DM $.20 DL $.40 Var MOH $.50 Fix MOH $1 Steve has no variable selling and the only other costs are fixed at $5,000 per month. If Steve sells cookies for $4 each, What is Steve's break-even sales in units (round up to the nearest cookie)? (hint: don't forget fixed manufacturing costs when computing the total fixed costs] Question 2 1 pts Steve's baked goods makes and sells cookies. At a production and sales level of 5,000 cookies, Steve has the following costs per cookie: DM $.20 DL $.40 Var MOH $.50 Fix MOH $1 Steve has no variable selling and the only other costs are fixed at $5,000 per month. Steve sells cookies for $4 each. If Steve increased his advertising by $3,000, Steve would be able to sell 1,500 more cookies. How much better off would Steve be by doing the advertising? (show positive numbers as they are, and negative with a -) 1,350 Question 3 1 pts Steve's baked goods makes and sells cookies. At a production and sales level of 5,000 cookies, Steve has the following costs per cookie: DM $.20 DL $.40 Var MOH $.50 Fix MOH $1 Steve has no variable selling and the only other costs are fixed at $5,000 per month. Steve sells cookies for $4 each. What is Steve's Operating Leverage (round to the nearest .01? Question 4 1 pts Steve's baked goods makes and sells cookies. At a production and sales level of 15,000 cookies, Steve has the following costs per cookie: DM $.30 DL $.50 Var MOH $.70 Fixed MOH for Steve is $12,000. Steve has no variable selling and the only other costs are fixed at $3,000 per month. Steve sells cookies for $4 each. Using Operating Leverage (rounded to the nearest .01, how much would Steve's income be if sales increased by 10% (round income to the nearest $.01). Question 5 1 pts Stephanie's paints sells primer and finish paints in the ratio of 2 gallon: 3 gallons (2 primer: 3 finish). Primer has a CM of $10 per gallon and finish has a CM of $15 per gallon. Stephanie also has fixed costs in the amount of $12,000. If Stephanie wants to make $14,000, how much Finish will she sell (she will also be selling Primer, but I just want the # gallons of Finish)? (round to nearest gallon)
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