Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mo's Delicious Burgers Inc. sells food to university cafeterias for 17$ a box. The fixed costs of this operation are $90,000 while the variable cost

Mo's Delicious Burgers Inc. sells food to university cafeterias for 17$ a box. The fixed costs of this operation are $90,000 while the variable cost per box is $11.

image text in transcribedimage text in transcribed
Mo's Delicious Burgers Inc. sells food to university cafeterias for $17 a box. The fixed costs of this operation are $90,000, while the variable cost per box is $11. a. What is the break-even point in boxes? (Do not round intermediate calculations.) Break-even point boxes b. Calculate the prot or loss on 14,000 boxes and 28,000 boxes. (Do not round intermediate calculations. Input all answers as positive values.) Boxes Profit/Loss Amount 14,666 (Click to select) v $ 23,666 (Click to select) v 5 c-1. What is the DOL at 19,600 boxes and 29,000 boxes? (Round the nal answers to 2 decimal places.) Boxes DOL 19 , 696 X 29,999 x d. If the firm has an annual interest payment of $10,100, calculate the DFL at both 19,600 and 29,000 boxes. (Round the final answers to 2 decimal places.) Boxes DFL 19, 688 X 29, 666 X e. What is the DCL at both sales levels? (Round the final answers to 2 decimal places.) Boxes DCL 19, 686 X 29, 999 x

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting What the Numbers Mean

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,

9th Edition

978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062

More Books

Students also viewed these Accounting questions

Question

Values: What is important to me?

Answered: 1 week ago

Question

Purpose: What do we seek to achieve with our behaviour?

Answered: 1 week ago

Question

An action plan is prepared.

Answered: 1 week ago