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Lisa Anderson owns and operates Wildhorse, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $50 and
Lisa Anderson owns and operates Wildhorse, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $50 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: $768,000 537,600 Sales revenue Variable expenses Contribution margin Fixed expenses Operating income 230,400 104,700 $125,700 (a) What is Wildhorse's contribution margin per unit? Contribution margin per unit $ per cake eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) What is Wildhorse's monthly breakeven point in units? Breakeven point cakes eTextbook and Media Suve for Later Attempts:0 of 3 used Submit Answer Question 8 of 13 -14 (c) What is Wildhorse's contribution margin ratio? Contribution margin ratio % e Textbook and Media Save for Later Attempts:0 of 3 used Submit Answer (d) What is Wildhorse's monthly breakeven point in sales dollars? Breakeven sales $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit
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