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Lisa's Kitchen sells three types of soups: tomato basil, cheddar dill, and loaded potato. The following table shows the sales price and variable cost
Lisa's Kitchen sells three types of soups: tomato basil, cheddar dill, and loaded potato. The following table shows the sales price and variable cost for each type. Lisa incurs $200,000 a year in fixed costs. Assume that the restaurant has a sales mix of two tomato basil servings, two cheddar dill servings and one loaded potato serving. Sales Price Variable Cost Contribution Margin Tomato basil $2.00 $1.00 $1.00 Cheddar dill 4.00 2.00 2.00 Loaded potato 4.00 2.00 2.00 (a) (b) Your answer is correct. How many servings of each type will be sold at the breakeven point? (Round answers to O decimal places, e.g. 25,000.) Tomato basil 50000 Cheddar dill 50000 Loaded potato eTextbook and Media * Your answer is incorrect. 25000 Attempts: 2 of 4 used What amount of revenue would need to be generated by each type of soup for the company to earn $25,000 in operating income? (Round answers to O decimal places, e.g. 25,000.) Tomato basil 150000 Cheddar dill 202500 Loaded potato 101250 Oriole Company sells two types of soccer jerseys: Deluxe and Superior. The following table shows the sales price and unit variable costs for each jersey. Oriole Company incurs 220,000 a year in fixed costs. Assume the store has a sales mix of three Deluxe jerseys for every Superior jersey sold. Sales Price Variable Cost Contribution Margin Deluxe $19.00 $15.00 $4.00 Superior 27.00 19.00 8.00 (a) Your answer is correct. How many jerseys of each type will be sold at the breakeven point? (Round answers to O decimal places, e.g. 25,000.) Deluxe Superior eTextbook and Media 33000 11000 Attempts: 1 of 4 used (b) What amount of revenue would need to be generated by each type of jersey for the company to earn $27,500 in operating income? (Round answers to O decimal places, e.g. 25,000.) Deluxe $ Superior $
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