Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

TieCake produces and sells two types of gourmet cakes: Strawberry Vanilla Rainbow Cake, sells for $9 and account for 701 of the sales. Chocolate Coffee

image text in transcribed
TieCake produces and sells two types of gourmet cakes: Strawberry Vanilla Rainbow Cake, sells for $9 and account for 701 of the sales. Chocolate Coffee Cake, sells for $10 and accounts for the remaining 30% of the sales. In 2019, Lecake sold 4,000 cakes in total, the average variable cost per cake, regardless of type, was $6.50, and the total fixed cost was 55,000. What was Lecake 2019 total scontribution $9,800 O $11,100 O $10,200 $10,100 O $11,200

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions

Question

Answered: 1 week ago

Answered: 1 week ago