Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

11. H&H Bagels sells bagels in packages of six bagels. In April 2020, H&H sold 15,000 packages with a unit price of $8.80 each. H&H

11. H&H Bagels sells bagels in packages of six bagels. In April 2020, H&H sold 15,000 packages with a unit price of $8.80 each. H&H had $45,895 of fixed costs and calculated its breakeven volume at 6,850 packages for the month of April. What were H&Hs variable costs per unit and how much did H&H incur in total variable costs in April?

A. $6.70 and $100,500

B. $2.10 and $14,385

C. $2.10 and $31,500

D. $6.70 and $45,895

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

GMP Audit Trainer Good Manufacturing Practices Made Easy

Authors: Mr Brendan Cooper

1st Edition

1548711934, 978-1548711931

More Books

Students also viewed these Accounting questions

Question

If f(t) = t 4 3t 2 + 5t, find f'(t) and f''(t).

Answered: 1 week ago

Question

What is the use of bootstrap program?

Answered: 1 week ago