Sarah's Kitchen sells three types of soups: tomato basil, cheddar dill, and loaded potato. The following...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Sarah's Kitchen sells three types of soups: tomato basil, cheddar dill, and loaded potato. The following table shows the sales price and variable cost for each type. Sarah incurs $248,000 a year in fixed costs. Assume that the restaurant has a sales mix of two tomato basil servings, two cheddar dill servings and one loaded potato serving. Type Tomato basil - Cheddar dill Loaded potato (a) Sales Price Tomato basil Cheddar dill $4.00 6.00 Your answer is incorrect. Loaded potato 6.00 Variable Cost $3.00 4.00 4.00 How many servings of each type will be sold at the breakeven point? (Round answers to 0 decimal places, e.g. 25,000.) 99200 49600 Contribution Margin 24800 $1.00 2.00 2.00 Sarah's Kitchen sells three types of soups: tomato basil, cheddar dill, and loaded potato. The following table shows the sales price and variable cost for each type. Sarah incurs $248,000 a year in fixed costs. Assume that the restaurant has a sales mix of two tomato basil servings, two cheddar dill servings and one loaded potato serving. Type Tomato basil - Cheddar dill Loaded potato (a) Sales Price Tomato basil Cheddar dill $4.00 6.00 Your answer is incorrect. Loaded potato 6.00 Variable Cost $3.00 4.00 4.00 How many servings of each type will be sold at the breakeven point? (Round answers to 0 decimal places, e.g. 25,000.) 99200 49600 Contribution Margin 24800 $1.00 2.00 2.00
Expert Answer:
Answer rating: 100% (QA)
Solution Type Tornato basil Cheddar dill Sales Price 400 600 600 Loaded Potat... View the full answer
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
Posted Date:
Students also viewed these accounting questions
-
The following table shows the sales and average book value of fixed assets for three different companies from three different industries for a recent year: A. For each company, determine the fixed...
-
The following table shows the sales and average book value of fixed assets for three different companies from three different industries for a recent year: Company (Industry) ________________ Sales...
-
The following table shows the sales and average book value of fixed assets for three different companies from three different industries for a recent year: a. For each company, determine the fixed...
-
When something burns, a. it combines with phlogiston b. it gives off phlogiston c. it combines with oxygen d. it gives off oxygen
-
What are the most important skills and personal qualities for a copywriter?
-
Assume that Chapman Company acquired Abernethys common stock for $490,000 in cash. As of January 1, 2020, Abernethys land had a fair value of $90,000, its buildings were valued at $160,000, and its...
-
An alternative to using \(d=1 / u\) in a binomial model is to use the available degree of freedom by setting \(p=1 / 2\). (a) Let \(p=1 / 2\), and find the values of \(u\) and \(d\) that satisfy the...
-
A market research firm used a sample of individuals to rate the purchase potential of a particular product before and after the individuals saw a new television commercial about the product. The...
-
Headland Hardware's payroll for November is summarized below. Amount Subject to Payroll Taxes Unemployment Tax Payroll Wages Due FICA Federal State Factory $124,000 $124,000 $39,000 $39,000 Sales...
-
This table comes from one of the first studies of the link between lung cancer and smoking, by Richard Doll and A. Bradford Hill. In 20 hospitals in London, UK, patients admitted with lung cancer in...
-
Consider that you have an online tutoring business Edutech-BH which supports educating school students in IT and Science courses. (5+5 a) Discuss what is meant by framing the customer for innovation?...
-
During the early 2000s, the CaseShiller U.S. Home Price Index, a measure of average home prices, rose continuously until it peaked in March 2006. From March 2006 to May 2009, the index lost 32% of...
-
Assuming that the aggregate price level is constant, the interest rate is fixed, and there are no taxes and no foreign trade, what will be the change in GDP if the following events occur? a. There is...
-
Each year, the United States produces more per person than most other advanced economies. In 2015 real GDP per capita was $56,000 in the United States. The real GDP per capita in that same year was...
-
A patient hands a pharmacist a prescription for Spondicin 20 mg (fictitious), a prescription-only drug. As the patient is waiting for the prescription to be filled, the patient notices that Spondicin...
-
How will planned investment spending change as the following events occur? a. The interest rate falls as a result of Federal Reserve policy. b. The U.S. Environmental Protection Agency decrees that...
-
XYZ's balance sheet (in million dollars) at the end of year 0 (when acquisition is completed) will be: Assets Liabilities and equity NWC Revolver paying 7.5% interest Net fixed assets Bank loan...
-
Walker, Inc., is an all-equity firm. The cost of the company's equity is currently 11.4 percent and the risk-free.rate is 3.3 percent. The company is currently considering a project that will cost...
-
Radial keratotomy is a type of refractive surgery in which radial incisions are made in the cornea of myopic (nearsighted) patients in an effort to reduce their myopia. Theoretically, the incisions...
-
Consider the following computer results, which describe regression analyses involving two independent variables X1 and X2 and a dependent variable Y. Assume that your goal is to assess the...
-
Use the correlation matrix from Problem 1 to answer the following questions. a. Compute the semipartial rSBP(SMK|AGE). b. Compute the semipartial rSMK(SBP|AGE). c. Compare these correlations to the...
-
A company expects to receive which of the following benefits when it uses its budgeting process? a. The planning required to develop the budget helps managers foresee and avoid potential problems...
-
A direct materials budget would be used in which of the following types of companies? a. Service b. Merchandising c. Manufacturing d. All of the above
-
A disadvantage to merchants from accepting debit and credit cards would be a. lost sales. b. transaction fees. c. bounced checks. d. longer time to receive cash.
Study smarter with the SolutionInn App