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Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a childs first birthday. The cakes, which sell for $60 and
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a childs first birthday. The cakes, which sell for $60 and feature an edible picture of the child, are shipped throughout the country. A typical months results are as follows:
Sales revenue | $1,005,600 | |
Variable expenses | 754,200 | |
Contribution margin | 251,400 | |
Fixed expenses | 107,400 | |
Operating income | $ 144,000 |
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