If a man sells hot dogs for $ 5 and his marginal costs is $1, his fixed
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Question:
If a man sells hot dogs for $ 5 and his marginal costs is $1, his fixed costs $80,000 is open 200 days a year. Then
a) what is the gross profit per hot dog sold?
b) How many hot dogs does he need to sell to break even?
c)What would be his sales revenue at break even?
d) How many hot dogs does he need to sell per day to break even.
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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