Wimpee's Hamburger Stand sells the Super Tuesday Burger for $3.00. The variable cost per hamburger is $1.75;
Question:
Required
a. How many hamburgers must Wimpee's sell per month to break even?
b. How many hamburgers must Wimpee's sell per month to make $6,000 in operating income?
c. Prepare a CVP graph for Wimpee's.
d. Assuming that the most hamburgers Wimpee's has ever sold in a month is 21,000, how likely is Wimpee's to achieve a target operating income of $6,000? What actions could Wimpee's manager take to increase the chances of reaching that target operating income?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: