Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pippy s Tasty Treats sells muffins, scones, and cookies. It sold a total of 1 9 , 0 0 0 dozens last year. Cookies and

Pippys Tasty Treats sells muffins, scones, and cookies. It sold a total of 19,000 dozens last year. Cookies and muffins each represent 40% of unit sales. Scones represent the remaining 20% of unit sales. Fixed costs for Pippys Tasty Treats are $128,398 and additional information follows:a. Calculate the weighted average contribution margin for all three types of dozens.
b. Calculate the break-even volume in number of dozens.
c. Calculate the break-even sales in dollars.
Round answer to the nearest dollar.
Product Sales Prices Variable
Cost
1 dozen muffins $34.00 $28.00
1 dozen scones $43.00 $32.00
1 dozen cookies $31.00 $21.00
a. Calculate the weighted average contribution margin for all three types of dozens.
Muffins Scones Cookies Total
Wtd. avg. CM Answer
Answer
0
Answer
0
Answer
0
b. Calculate the break-even volume in number of dozens.
Answer
0
c. Calculate the break-even sales in dollars.
Round answer to the nearest dollar.
$Answer
0
image text in transcribed

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

Survival Audit And Calculations Manual

Authors: Dr Joseph Lee Bounds

1st Edition

1505425573, 978-1505425574

More Books

Students also viewed these Accounting questions

Question

305 mg of C6H12O6 in 55.2 mL of solution whats the molarity

Answered: 1 week ago