How much does the business need to sell to break? even

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Reference no: EM132753346

Question: Projected financial results for the? university's cafeteria for next year are shown. Answer each of the following independent questions.

Sales ?$866,000

Fixed cost ?$529,000

Total variable cost 215,740

Total cost 744,740

Net income $121,260

?(a) How much is the contribution margin and the contribution? rate?

?(b) How much does the business need to sell to break? even?

?(c) If the business was to spend ?$25,000 to upgrade their? processes, how much does the business need to sell to break? even?

?(d) If 1?% more meals were? sold, what would be the resulting net? income?

Reference no: EM132753346

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