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Annie's Homemade hosts numerous off-site sales events throughout the year. The company is interested in calculating the segment margin for one of those events, which
Annie's Homemade hosts numerous off-site sales events throughout the year. The company is interested in calculating the segment margin for one of those events, which was a local festival it served this past Friday evening, all day Saturday, and half a day on Sunday. The festival was located 20 miles from the company's brick-and-mortar shop. Required: 1. For each cost wn below, specify whether it would be a variable cost, traceable fixed cost, or common fixed cost with respect to this festival. For each variable cost, decide whether it varies with the number of servings sold at the event, the number of days the event was held, or the number of hours the sales booth was open at the event. Then select the word "servings," "days," or "hours" in the variable cost column. 1. Ingredient costs for ice cream sold at the event 2. Monthly store rent 3. Festival registration fee 4. Round trip gas cost to and from the event 5. Wages paid to employees serving the event's customers 6. Cargo trailer depreciation 7. Packaging costs (containers and spoons) for ice cream sold at the event Variable Cost Fixed Cost Annie's Homemade hosts numerous off-site sales events throughout the year. The company is interested in calculating the segment margin for one of those events, which was a local festival it served this past Friday evening. all day Saturday, and half a day on Sunday. The festival was located 20 miles from the company's brick-and-mortar shop Required: 1. For each cost shown below, specify whether it would be a vartable cost, traceable fixed cost, or common fixed cost with respect to this festival. For each variable cost, decide whether it varies with the number of servings sold at the event, the number of days the event was held, or the number of hours the sales booth was open at the event. Then select the word "servings," "days," or "hours" In the variable cost column
Annie's Homemade hosts numerous off-site sales events throughout the year. The company is interested in calculating the segment margin for one of those events, which was a local festival it served this past Friday evening, all day Saturday, and half a day on Sunday. The festival was located 20 miles from the company's brick-and-mortar shop. Required: 1. For each cost wn below, specify whether it would be a variable cost, traceable fixed cost, or common fixed cost with respect to this festival. For each variable cost, decide whether it varies with the number of servings sold at the event, the number of days the event was held, or the number of hours the sales booth was open at the event. Then select the word "servings," "days," or "hours" in the variable cost column. 1. Ingredient costs for ice cream sold at the event 2. Monthly store rent 3. Festival registration fee 4. Round trip gas cost to and from the event 5. Wages paid to employees serving the event's customers 6. Cargo trailer depreciation 7. Packaging costs (containers and spoons) for ice cream sold at the event Variable Cost Fixed Cost
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