Question: E6-7 Determining Break-Even Point and Analyzing Changes in Price and Cost Structure OLO 6-1, 6-2, 6-3, 6-4 Izzy Ice Cream has the following price and
E6-7 Determining Break-Even Point and Analyzing Changes in Price and Cost Structure OLO 6-1, 6-2, 6-3, 6-4 Izzy Ice Cream has the following price and cost information: Price per 2scoop sundae $5.00 Variable cost per sundae: Ingredients 1.35 Direct labor 0.45 Overhead 0.20 Fixed cost per month $3.000 Required: 1. Determine Izzy's break-even point in units and sales dollars. 2. Determine how many sundues must be sold to generate a profit of $6,000. 3. Calculate Izzy's new break even point for each of the following independent scenarios: a. Sales price decreases by $0.50 b. Fixed costs decrease by $300 per month e. Variable costs increase by $0.50 per sundae. 4. Based on the original information, how many sundaes must Izzy sell to generate a profit of $10.000. if sales price increases by $0.50 and variable costs increase by $0,30
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