Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help me with the steps to obtain the correct answers, Thank you Feeling ignored by Campbell's Chunky soup, Cam Newton teamed up with the

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

Please help me with the steps to obtain the correct answers, Thank you

Feeling ignored by Campbell's Chunky soup, Cam Newton teamed up with the Duchess of Cornwall Camilla Parker Bowles to start his own soup company Cam Bowles Soup Company. The company has found success from products such as New Eatin Cam Chowder soup, Chicken and Dablings soup, and a black hard plastic spoon named "The Souperman Spoon". The polishing cost to shine the spoons is a mixed cost. The following data was taken Units Total polishing cost 48,000 $144,804 60,000 $168,204 84,000 $204,204 If the price is increased by 11% per spoon in the above question what is the amount of Souperman spoons to be sold to Break Even? (The variable cost per unit remains at the dollar amount calculated in the above question) A. 57,074 spoons B. 113,825 spoons C. 139,730 spoons D. 150,249 spoons Cam and Camilla want their Phantoms and they want to split a million dollars too. How many Souperman spoons must be sold at $33.80 price to have income from operations be a cool $1,000,000? (using the same dollar amount variable cost/unit as questions 2-4) (with the one year depreciation expense from the Phantoms) A. 205,448 spoons B.236,716 spoons C.255,675 spoons D.344,512 spoons

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

Cost Accounting A Managerial Emphasis

Authors: Charles T. Horngren, Srikant M. Datar, George Foster

11th Edition

013099619X, 978-0130996190

More Books

Students also viewed these Accounting questions