George is a street vendor of chicken wings. He offers them in mild, medium, and flaming varieties, but most customers preter the hottest option. Typically, his sales are comprised of $20\%$ ?mild, $20\%$ ?medium, and $60\%$ ?flaming whig orders. Contribution margins for the varieties differ slightly due to the ingredients used and are $$5\mathrm{.}00$ ?for mild, $$4\mathrm{.}70$ ?for medium, and $$4\mathrm{.}50$ ?for flaming.

If George's fixed costs are $$19,024$ ?this year, how many orders of wings will he need to sell to break even?

Break$-$even sales in units wings

How many of those orders are the flaming variety?

Break$-$even sales in units wings

Transcribed Image Text:

George is a street vendor of chicken wings. He offers them in mild, medium, and flaming varieties, but most customers prefer the hottest option. Typically, his sales are comprised of 20% mild, 20% medium, and 60% flaming wag orders. Contribution margins for the varieties differ slightly due to the ingredients used and are $5.00 for mild, $4.70 for medium, and $4.50 for flaming. If George's fixed costs are $19,024 this year, how many orders of wings will he need to sell to break even? Break-even sales in units How many of those orders are the flaming variety? Break-even sales in units wings wings George is a street vendor of chicken wings. He offers them in mild, medium, and flaming varieties, but most customers prefer the hottest option. Typically, his sales are comprised of 20% mild, 20% medium, and 60% flaming wag orders. Contribution margins for the varieties differ slightly due to the ingredients used and are $5.00 for mild, $4.70 for medium, and $4.50 for flaming. If George's fixed costs are $19,024 this year, how many orders of wings will he need to sell to break even? Break-even sales in units How many of those orders are the flaming variety? Break-even sales in units wings wings

Answer rating: 100% (QA)

To calculate the breakeven point for Georges chicken wing sales we can use the contribution margin r... View the full answer