Izzy Ice Cream has the following price and cost information: (Review photo)
Required:
1. Determine Izzys break-even point in units and sales dollars.
2. Determine how many sundaes must be sold to generate a profit of $15,000.
3. Calculate Izzys 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 $40,000, if sales price increases by $0.50 and variable costs increase by $0.30?
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 $15,000. 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 $40,000, 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. Izzy lce 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 $15,000. 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 $40,000, 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 $15,000. 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 $15,000. 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 $40,000, if sales price increases b $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. 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 $15,000. 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 $40,000, if sales price increases b $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 $40,000, 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.)
