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Carol Garcia owns and operates SheridanCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $40 and
Carol Garcia owns and operates SheridanCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $40 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income $828,000 621,000 207,000 113,500 $ 93,500 (a) How many cakes will Carol Garcia have to sell if she wants to earn $152,000 in operating income each month? cakes e Textbook and Media
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