User Account

All Pages

What is the break-even point in number of cakes

Assignment Help Managerial Accounting
Reference no: EM132669056

An Italian bakery on Franklin Avenue in Hartford is famous for its cakes. The bakery sells its cakes for $19.95 to the public. The cost for the ingredients and labor to make the cake are $8.45 per cake, and the fixed costs for the bakery for one month are $8,050.

Problem a) Assuming that this bakery only sells cakes, what is the break-even point in number of cakes?

Problem b) This bakery sells 1,500 cakes for the month of April. What is the expected net income?

Reference no: EM132669056

Questions Cloud

Discuss the challenges associated with price discrimination : Briefly discuss the challenges associated with price discrimination. Could it be viewed as a socially "good" thing from the consumer's viewpoint?
Report on stakeholder mapping in a situation : What should be included in the conclusion a report on stakeholder mapping in a given situation. Would did engagement plan be part of the conclusion?
Contracting stage in organization development intervention : What is a contracting stage in an organization development intervention?
How each hypothesis lead to an increase in quantity of drugs : Use the model of supply and demand to show how each hypothesis could lead to an increase in the quantity of drugs consumed. Suppose you collect data.
What is the break-even point in number of cakes : Assuming that this bakery only sells cakes, what is the break-even point in number of cakes? An Italian bakery on Franklin Avenue in Hartford is famous
Reflection and analysis of the social determinants of health : Reflections on the theoretical foundations of community services work. Reflection and analysis of the social determinants of health
Dysfunctional effects of organisational culture : Compare the functional and dysfunctional effects of organisational culture on employees within the organisation?
Potential disadvantages of selecting a team leader : What would the potential disadvantages of selecting a team leader who is highly charismatic and visionary?
How much is weatherspoon contribution margin per unit : The unit variable cost is $110, and the total monthly fixed costs are $300,000. How much is Weatherspoon's contribution margin per unit?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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