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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. Type 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) 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 25000 Attempts: 2 of 4 used (b) 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 $ Cheddar dill $ Loaded potato $
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