E6-7 (Algo) Determining Break-Even Point and Analyzing Changes in Price and Cost Structure [LO 6-1, 62,63,64] Izzy Ice Cream has the following price and cost information: Required: 1. Determine Izzy's break-even point in units and sales dollars. 2. Determine how many sundaes must be sold to generate a profit of $7,200. 3. Calculate Izzy's new break-even point for each of the following independent scenarios: a. Sales price decreases by $0.50. b. Fixed costs decrease by $300 per month. c. Variable costs increase by $0.50 per sundae. 4. Based on the original information, how many sundaes must Izzy sell to generate a profit of $14,000, if sales price increases by $0.50 and variable costs increase by $0.30 ? Complete this question by entering your answers in the tabs below. 1. Determine Izzy's break-even point in units and sales dollars. 2. Determine how many sundaes must be sold to generate a profit of $7,200. 3. Calculate Izzy's new break-even point for each of the following independent scenarios: a. Sales price decreases by $0.50. b. Fixed costs decrease by $300 per month. c. Variable costs increase by $0.50 per sundae. 4. Based on the original information, how many sundaes must Izzy sell to generate a profit of $14,000, if sales price increases by $0.50 and variable costs increase by $0.30 ? Complete this question by entering your answers in the tabs below. Determine Izzy's break-even point in units and sales dollars. 1. Determine Izzy's break-even point in units and sales dollars. 2. Determine how many sundaes must be sold to generate a profit of $7,200. 3. Calculate Izzy's new break-even point for each of the following independent scenarios: a. Sales price decreases by $0.50. b. Fixed costs decrease by $300 per month. c. Variable costs increase by $0.50 per sundae. 4. Based on the original information, how many sundaes must Izzy sell to generate a profit of $14,000, if sales price increases by $0.50 and variable costs increase by $0.30 ? Complete this question by entering your answers in the tabs below. Determine how many sundaes must be sold to generate a profit of $7,200. a. Sales price decreases by $0.50. b. Fixed costs decrease by $300 per month. c. Variable costs increase by $0.50 per sundae. 4. Based on the original information, how many sundaes must Izzy sell to generate a profit of $14,000, if sales price increases by $0.50 and variable costs increase by $0.30 ? Complete this question by entering your answers in the tabs below. Calculate Izzy's new break-even point for each of the following independent scenarios: (Do not round your intermediate calculations.) a. Sales price decreases by $0.5. b. Fixed costs decrease by $300 per month. c. Variable costs increase by $0.5 per sundae. a. Sales price decreases by $0.50. b. Fixed costs decrease by $300 per month. c. Variable costs increase by $0.50 per sundae. 4. Based on the original information, how many sundaes must Izzy sell to generate a profit of $14,000, if sales price increases by $0.50 and variable costs increase by $0.30? Complete this question by entering your answers in the tabs below. Based on the original information, how many sundaes must Izzy sell to generate a profit of $14,000, if sales price increases by $0.50 and variable costs increase by $0.30 ? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.)
