Use the file called Acctg 1B chap 5 (Excel file). Show the CVP income statement and put answers in the boxes.

For the High Low problem, just put your answers on the lines next to a & b at the bottom.

9:10 Acctg 1B HW chap 5.xls Sheet1 Sheet2 Sheet3 HW Chapter 5 Name You have a business selling and delivering pizzas to businesses for lunch. You pay $1,000 per month in rent, $320 for utilities, and $2.000 a month for salaries. You also have delivery cars that cost $1,000 per month Your variable costs are $ per pizza for ingredients and $4 per pizza for delivery costs You sell the pizzas for $20 each. Round up if necessary What is the number of pizzas you need to sell to break even for the month If you want to make a profit of 2,000 per month, how many pizzas do you need to sell? Round up if necessary Go back to the original numbers If the price of cheese goes up and your variable costs go by $3 what is your new break even in pizzas if you increase your price to $21 Round up if necessary Golden Company has a fleet of delivery trucks and has the following Overhead costs per month with the miles driven Total Costs 194,0DD March Aprill May June Miles Driven 50.000 40.000 60.000 70,000 170,2DD this is the law 217,600 241,000 Use the High-Low method to determine the a. Variable Cost per Mile b. Fixed Costs