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Barbara Jones owns and operates Ivanhoe, a bakery that creates personalized birthday cakes for a childs first birthday. The cakes, which sell for $60 and
Barbara Jones owns and operates Ivanhoe, a bakery that creates personalized birthday cakes for a childs first birthday. The cakes, which sell for $60 and feature an edible picture of the child, are shipped throughout the country. A typical months results are as follows:
Sales revenue | $958,200 | |
Variable expenses | 718,650 | |
Contribution margin | 239,550 | |
Fixed expenses | 129,450 | |
Operating income | $ 110,100 |
What is Ivanhoes contribution margin per unit?
Contribution margin per unit | $enter contribution margin per unit amount in dollar per cake |
What is Ivanhoes monthly breakeven point in units?
Breakeven point | enter breakeven point value in number of units cakes |
What is Ivanhoes contribution margin ratio?
Contribution margin ratio | enter contribution margin ratio in percentages % |
What is Ivanhoes monthly breakeven point in sales dollars?
Breakeven sales | $enter breakeven sales amount in dollars |
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