Question: You are thinking about purchasing a new oven for your bakery that costs $20,000. You charge $20 for each cake, while the actual cost per

You are thinking about purchasing a new oven for

You are thinking about purchasing a new oven for your bakery that costs $20,000. You charge $20 for each cake, while the actual cost per cake is $5. If your new oven has design and effective capacities of 5,000 and 4,000 cakes per year, respectively, and you expect to bake 4,500 cakes each year, what will be the utilization of this oven? 70% O 90% 100% 80% You are thinking about purchasing a new oven for your bakery that costs $20,000. You charge $20 for each cake, while the actual cost per cake is $5. If your new oven has design and effective capacities of 7,000 and 4,000 cakes per year, respectively, and you expect to be 75% efficient in his use of this oven, how many cakes do you plan to bake each year? 0 4.000 6.000 5.000 3.000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Appendix A Continuing Payroll Project: Wayland Custom Woodworking ( 1 Month, Part 1 ) ( Static ) Skip to question [ The following information applies to the questions displayed below. ] Wayland...

1. You are thinking about purchasing a new oven for your bakery that costs $10,000. You charge $20.00 for each cake, while the actual cost per cake is $5.00. What is your profit if you were to sell...

If revenue per unit is $55, fixed costs are $300, and variable cost per unit is $45, what is the break-even quantity? O 10 units 30 units O 20 units O 40 units You are thinking about purchasing a new...

You are thinking about purchasing a new oven for your bakery that costs $20,000. You charge $30 for each cake, while the actual cost per cake is $10. How many cakes would you have to sell in order to...

If fixed costs are $700 and total variable costs are $300, what are total costs? O $21,000 O $400 $1.000 O $1,500 You are thinking about purchasing a new oven for your bakery that costs $20,000. You...

You are thinking about purchasing a new oven for your bakery that costs $20,000. You charge $20 for each cake, while the actual cost per cake is $5. If your new oven has design and effective...

You are thinking about purchasing a new oven for your bakery that costs $20,000. You charge $20.00 for each cake, while the actual cost per cake is $5.00. What is your profit if you were to sell...

You are thinking about purchasing a new oven for your bakery that costs $2,000. You charge $10 for each cake, while the actual cost per cake is $4. What is your profit if you were to sell 800 cakes?

You are thinking about purchasing a new oven for your bakery that costs $ 3 0 , 0 0 0 . You charge $ 2 5 for each cake, while the actual costper cake is $ 1 0 . What is your profit if you were to...

SECTION A: [36 MARKS] Answer ALL questions in this section. 1. Explain the scope of management Accounting. (8 marks) 2. How management Accounting is different from Financial Accounting. (State 4...

Acme Ltd a scrap metal dealer, is considering the acquisition of a 'Roadrunner' metal compactor at the cost of $25,000. The compactor is estimated to have zero value at the end of its five-year life....

The following information is provided for a company. Accounts payable $15,000 Buildings 80,000 Cash 10,500 Accounts receivable 9,500 Salaries payable 4,500 Retained earnings 47,500 Supplies 40,000...

What are the equivalent units for conversion costs using weighted-average process costing? accounting Haberdashery Company has a beginning Work-in- Process Inventory of 25,000 units (40% complete)....

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...