Rachel runs her own hot dog stand on the U of A campus. The monthly cost...

Transcribed Image Text:

Rachel runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is $300. Rachel's contribution margin per unit is $1.50 and her contribution margin ratio is 75%. 1. How many hot dogs does Rachel need to sell each month to break even? 2. How much sales revenue does Rachel need to generate each month to break even? 1. How many hot dogs does Rachel need to sell each month to break even? First identify the formula, then compute the breakeven points in units. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell.) )/ Breakeven units 2. How much sales revenue does Rachel need to generate each month to break even? Enter the formula, then compute the breakeven point in sales dollars. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell.) Breakeven sales Rachel runs her own hot dog stand on the U of A campus. The monthly cost of the cart rental and business permit is $300. Rachel's contribution margin per unit is $1.50 and her contribution margin ratio is 75%. 1. How many hot dogs does Rachel need to sell each month to break even? 2. How much sales revenue does Rachel need to generate each month to break even? 1. How many hot dogs does Rachel need to sell each month to break even? First identify the formula, then compute the breakeven points in units. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell.) )/ Breakeven units 2. How much sales revenue does Rachel need to generate each month to break even? Enter the formula, then compute the breakeven point in sales dollars. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell.) Breakeven sales

Answer rating: 100% (QA)

1 Fixed cost Target profit Contributi... View the full answer