Vinces pizza delivers pizzas to dormitories and apartments

Reference no: EM13592801

Vince's Pizza delivers pizzas to dormitories and apartments near a major state university. The company's annual fixed costs are $48,000. The sales price averages $9, and it costs the firm $3 to make and deliver each pizza.

Required:

A. How many pizzas must Vince's sell to break even?

B. How many pizzas must the company sell to earn a target profit of $54,000?

C. If budgeted sales total 9,000 pizzas, how much is the company's safety margin in dollars?

D. Vince's assistant manager, an accounting major, has suggested that the firm should try to increase the contribution margin per pizza. Explain the meaning of "contribution margin" in layman's terms.

Reference no: EM13592801

Questions Cloud

Sara williams age 42 and jeff brinser age 40 are not : sara williams age 42 and jeff brinser age 40 are not married but live together. they live at 1324 forest drive reno nj

If delta abc is a right triangle with legs of length a and : if delta abc is a right triangle with legs of length a and b and with hypotenuse of length c show that herons formula

Where is the image formed take a positive answer to be in : an object 3.28 cm high is placed 11.2 cm in front of a convex mirror with radius of curvature of 8.48 cm. where is the

Soddys hexlet is a chain of six spheres each of which is : prove soddys hexlet.soddys hexlet is a chain of six spheres each of which is tangent to both of its neighbors and also

Vinces pizza delivers pizzas to dormitories and apartments : vinces pizza delivers pizzas to dormitories and apartments near a major state university. the companys annual fixed

The odds against lounging larry winning the horse race are : question the odds against lounging larry winning the horse race are 38. determine the probability that lounging larry

What is the position of the image take a positive answer : a 1.53-cm-high object is placed 20.0 cm in front of a concave mirror with a 4.26-cm focal length. what is the position

The houston chamber orchestra presents a series of concerts : the houston chamber orchestra presents a series of concerts throughout the year. budgeted fixed costs total 300000 for

On january 1 a company issued and sold a 400000 7 10-year : on january 1 a company issued and sold a 400000 7 10-year bong payable and recieved proceeds of 396000. interest is

User Account

All Pages