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Just for question D? Projected financial results for the university's cafeteria for next year are shown. Answer each of the following independent questions. $950.000 Sales
Just for question D?
Projected financial results for the university's cafeteria for next year are shown. Answer each of the following independent questions. $950.000 Sales Fixed cost Total variable cost Total cost Net income $581,000 225.990 806.990 $143,010 (a) How much is the contribution margin and the contribution rate? (b) How much does the business need to sell to break even? (Sul the business was to bend 522020 to uparade their processes, how much does the business need to sell to break even? (c) If the business was to spend $22,000 to upgrade their processes, it would need sales to be $ 791218.35 to break even. (Round up to the nearest cent as needed.) (d) If 7% more meals were sold, the resulting net income would be $0 (Type an integer or a decimal.)Step by Step Solution
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