Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Salt Fish Cafe has estimated that fixed costs per month are $113, 750 and variable cost per dollar of sales is 65%. Sales during June

image text in transcribed

Salt Fish Cafe has estimated that fixed costs per month are $113, 750 and variable cost per dollar of sales is 65%. Sales during June totaled $400, 000. What is the break-even point per month in sales? A. $39, 813 B. $140, 000 C. $253, 750 D. $325, 000 Randy Company produces a single product that is sold for $85 per unit. If variable costs per unit are $26 and fixed costs total $47, 500, how many units must Randy sell in under to earn a profit of $100, 000

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

Auditing In An Internet Of Things Environment

Authors: Robert R. Moeller

1st Edition

1119461669, 978-1119461661

More Books

Students also viewed these Accounting questions

Question

2. Identify the purpose of your speech

Answered: 1 week ago