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Easton Bakery makes bread. Results for the months of January and February were as follows: January February Number of loaves of bread produced and sold
Easton Bakery makes bread. Results for the months of January and February were as follows: January February Number of loaves of bread produced and sold 5 million $ Millions $ Millions Sales revenue $2.50 $2.00 Flour & other ingredients $1.25 $1.00 Direct labour 0.50 0.40 Production overhead 0.50 0.45 General & administrative overhead $2.35 $1.95 Operating profit$0.15 $0.05 Total cost The contribution margin per million loaves of bread is $0.20 million $0.40 million none of the other options $0.10 million 0.10 0.10 $0.50 million 4 million
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