Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question a) Calculate the company's break-even point in units (pizzas).
Question b) What is the contribution margin ratio?
Five-Star Pizza delivers pizzas to the residential halls and units near a major university. The company's annual fixed expenses are $40,000. The sales price of a pizza is $16, and it costs the company $8 to make and deliver each pizza.
Required:
Question c) Calculate the break-even sales revenue. Use the contribution margin ratio in your calculation.
Question d) Explain the concept of 'break-even' point and justify your answers in requirements (a) and (c) above, with the calculation using contribution margin format of income statement.
Question e) How many pizzas must the company sell to earn a target net profit of $50,000? (Ignore income taxes).
Question f) How many pizzas should Five-Star Pizza sell in order to make a $60000 net profit after tax? Assume that the tax rate is 25%.
Cash Flow Statement Assignment - Payment of dividends to stockholders $20,000. Prepare the Statement of Cash Flows for Biden Company
equipment was purchased on january 5 2011 at a cost of 90000. the equipment had an estimated useful life of 8 years and
Metlock Inc. loans money to John Kruk Corporation in the amount of $784,000. What is the amount Metlock will receive on the sale of note
Prepare the journal entries to record the exchange of Marco Company office equipment which has a calendar year end
Interest is payable semiannually on April 1 and October 1. What amount did Swifty receive from the bond issuance
Distinguish between the following pairs of terms in not more than five lines for each pair. You can use examples to illustrate your answer.
Define the accounting cycle. Explain the revenue principle and its implication on the financial statements
Variable costs are $ 1.00 per cone. Fixed costs are $2,200 per month. What is Dairy Days' contribution margin ratio
Identify the accounts that are added to or deducted from purchases to determine the cost of goods purchased under a periodic system. For each account, indicate (a) whether it is added or deducted, and (b) its normal balance.
In addition to the regular salaries, the company pays an annual bonus based on the amount of earnings for the year
Explain how the concept of justice relates to the field of criminal justice, emphasizing how it should be applied by law enforcement officers.
What are some of the advantages of video conferencing? Describe a recent meeting you attended that could have been conducted using video conferencing.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd