What are the anticipated level of profits for expected sales

Assignment Help Cost Accounting
Reference no: EM132734654

Problem 1: Now let's assume after how profitable Matthew's food truck was, he decided to expand his menu to multiple items. After reviewing the below information calculate, (A) What are the anticipated level of profits for the expected sales volume? (B) Calculate the break even point based on the sales mix provided below.

                                       Tacos             Burritos                   Nachos

Selling Price per Unit    7.50                  10                      6
Variable Cost Per unit   2.25                4.25                    1.25
Quantity of Unit Sold   1400                 2000                    1600
Fixed costs 10600

Reference no: EM132734654

Questions Cloud

Why firm total of cash in hand and bank balance : Explain Why Firm's total of cash in hand and bank balance, Rs 189750, is less than the pro?t after tax, Rs 453400, made by the ?rm?
Healthcare management decisions can affect patient outcomes : Healthcare management decisions can affect patient outcomes including but not limited to increased or decreased infection rates, overall patient satisfaction
Calculate the depreciation expense for the second year : Calculate the depreciation expense for the second year using each of the following depreciation methods: (a) straight-line, (b) double-declining balance
Gate-source cutoff voltage in your explanation : Discuss the operation of a JFET, including the pinch off and gate-source cutoff voltage in your explanation.
What are the anticipated level of profits for expected sales : What are the anticipated level of profits for the expected sales volume? Calculate the break even point based on the sales mix provided
How to identify confounding is important : These estimates include the influence of other extraneous variables, such as confounders. Confounding is often considered a type of bias, but it is a real.
What is the doctrine of signature : What is the Doctrine of Signature? Explain and give one example.
What number of tacos matthew must sell to make a profit : What number of tacos Matthew must sell to make a profit before tax of $650. What number of tacos Matthew must sell to break even.
Evaluate the ethical dilemma associated : Using the Three-Step Ethical Model Is it legal? Is it balanced? How does it make me feel? evaluate the ethical dilemma associated

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd