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Easton Bakery makes bread. Results for the months of January and February were as follows: Number of loaves of bread produced and sold Sales revenue
Easton Bakery makes bread. Results for the months of January and February were as follows: Number of loaves of bread produced and sold Sales revenue Flour & other ingredients Direct labour Production overhead General & administrative overhead Total cost Operating profit January 5 million $ Millions Use this information to answer the questions that follow. $2.50 $1.25 0.50 0.50 0.10 $2.35 $0.15 February 4 million $ Millions $2.00 $1.00 0.40 0.45 0.10 $1.95 $0.05
1- The contribution margin per million loaves of bread is?
2The total fixed cost is?
3 The break-even point in millions of loaves of bread is?
4 If Easton Bakery sells 10 million loaves of bread, its expected operating profit would be?
5 To make a profit of $0.25 million, Easton Bakery would have to sell how many loaves?
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