What are breakeven sales for Katie Lemonade Stand

Assignment Help Accounting Basics
Reference no: EM132612332

Question - Katie's Lemonade Stand sells lemonade, cookies, and brownies. It sold 15,000 units last year. Lemonade outsold brownies by a margin of 3 to 1. Sales of cookies were the same as sales of brownies. Fixed costs for the lemonade stand are $9,000.

Product

Unit Sales Prices

Unit Variable Cost

Lemonade

$3.00

$1.00

Cookies

$5.00

$3.00

Brownies

$2.50

$1.50

Required - What are breakeven sales ($) for Katie's Lemonade Stand?

a. $45,000

b. $18,900

c. $16,500

d. $10,500

Reference no: EM132612332

Questions Cloud

Describe challenges that procurement process may experience : Select what you believe to be the top three benefits of making a business and assurance case prior to proceeding with a procurement plan. Support your response.
What the sarbanes-oxley act means : What the Sarbanes-Oxley Act Means for You Preview the document. In this article the author outlines provisions companies are now required to implement.
Define scalability and discuss how the cloud impacts it : Discuss how cloud computing has changed how companies budget for software solutions. Define scalability and discuss how the cloud impacts it.
What are breakeven sales for Katie Lemonade Stand : Katie's Lemonade Stand sells lemonade, cookies, and brownies. It sold 15,000 units last year. What are breakeven sales ($) for Katie's Lemonade Stand
What are the effects of hardness of water on human health : What are the effects of hardness of water on human health. Explain why ozone is mostly used as a primary disinfectant?
Wrote description of threats interaction poses on company : Online interactions pose a threat to all servers. There are risks that occur when employees use social networking, web browsing, and email.
Why plant activators are more affective : Why plant activators are more affective and much less toxic to humans and wildlife then fungicides or antibiotics in controlling and preventing diseases?
How multiple infections with different dengue virus : How multiple infections with different dengue virus serotypes lead to severe form of dengue DHF/DSS? What do you think why bleeding occurs in dengue fever

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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