How many pies must be sold per month in order to break even

Assignment Help Accounting Basics
Reference no: EM132613554

Question - Bakery is making pies, which has a monthly fixed cost of $ 6000. Variable cost Will be $ 2.00 per pie and retail price will be $ 7.00 each. (12)

Required -

1. How many pies must be sold per month in order to break even?

2. What would be the profit (loss) be if 1,000 pies are made and sold per month?

3. How many pies must be sold to realize a profit of $ 4000 per month?

Reference no: EM132613554

Questions Cloud

Comment on the risk profile of the above stock : Edwin, a new retiree has just received a lumpsum payment from his Pension Company. He is contemplating investing Kes 10 million
Discuss the purpose of stock markets : Discuss the purpose of stock markets and provide an examples of markets that exist today. What does it mean to be a stockholder?
Discuss what existing provisions in the act do believe : Determine What other provisions could have been included in the Act to strengthen the responsible stewardship and integrity of the accounting profession?
Calculate expected rate of return of company : How we will calculate expected rate of return explain with calculation
How many pies must be sold per month in order to break even : Bakery is making pies, which has a monthly fixed cost of $ 6000. How many pies must be sold per month in order to break even
Topic-digital currency in china : Analyze the situation(s), mention various possible risks or consequences (if relevant).
Write concise explanatory notes on the accounting cycle : Write concise explanatory notes on the accounting cycle, owners equity, and liquidity, and profitability, and assets concepts/terms
Purpose of long-term foreign exchange management : The purpose of long-term foreign exchange management is not to cover a given foreign exchange exposure by dealings on the forward markets
Significance of various functions of investment banks : Critically evaluate the significance of various functions of Investment banks to the business sector in Pakistan.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Te unrealized intercompany profit in the february 28 2006

the unrealized intercompany profit in the february 28 2006 end-of-fiscal year inventories of samuel company the

  Requirement 1 - prepare the journal entries in the

requirement 1 - prepare the journal entries in the general journaljounral entriesrequirement 2 - post journal

  Recognize sales revenues on orders received but not shipped

Pressure current customers to take early delivery of goods before the end of the year so that more revenue can be reported in this year's financial statements.

  Journalize all entries required on the abouve dates

Journalize all entries required on the abouve dates, including entries to update depreciation, where applicable, on assets disposed of. Thomas Company uses straight-line depreciation. (Assume depreciation is uo to date as of Dec 31 2005.

  How much cash was received when the bonds were issued

How much cash was received when the bonds were issued? How much of the discount or premium should be amortized with the first interest payment?

  If you were in a partnership and a new partner was

if you were in a partnership and a new partner was entering and you had to state all assets at current market prices

  How much gross income must Cheryl report

How much gross income must Cheryl report as a result of the dividend and what is her stock basis after the dividend

  Direct materials standard quantity of hrs 46lbsstandard

direct materials ...standard quantity of hrs 4.6lbs...standard price 2.50 per pound...standard cost 11.50 direct

  Discuss proprietorship business transactions

many small businesses might operate on a cash basis, most of the larger ones use the accrual basis to record business events

  Prepare a partial statement of cash flows for alpha company

The following information is related to Alpha Company's fiscal year 2017. Use this information to prepare a partial Statement of Cash Flows for Alpha Company

  Assume that 1400 million of the cost of goods sold is a

gross margin and contribution margin eastman kodak company is a provider of imaging technology products and services to

  What is durwin basis in the land

Durwin receives a house as a gift from his father. What is Durwin's basis in the land? What is Durwin's basis in the house

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd