Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A La Mode Pies sells a variety of pie slices. Imagine it has the following information for its apple pie for November: The average sales

A La Mode Pies sells a variety of pie slices. Imagine it has the following information for its apple pie for November:

  • The average sales price of one slide of pie is $4
  • The average cost of each pie slice is $1.50
  • The rent for November on its retail store is $1,600
  • Salaries of employees for November are $2,000
  • Sales commission paid to employees for every slice of pie sold is 5% of the sales price

Based on this information, how many pie slices does A La Mode Pies need to sell to breakeven? Round to the nearest unit

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

Ethical Obligations And Decision Making In Accounting Text And Cases

Authors: Steven Mintz

6th Edition

1264135947, 9781264135943

More Books

Students also viewed these Accounting questions

Question

2. What do the others in the network want to achieve?

Answered: 1 week ago

Question

1. What do I want to achieve?

Answered: 1 week ago