What is the minimum number of meals to be sold

Assignment Help Accounting Basics
Reference no: EM132597938

Question - A colleges food operation has an average meal price of $6. Variable cost are $3.75 per meal and fixed cost total $75,000. What is the minimum number of meals to be sold for an operating income of $30,000?

Reference no: EM132597938

Questions Cloud

What types of plants will grow the best : Soil pH determines what types of plants will grow the best. If soil is too acidic, lime can be added to the soil, and if it too basic
What is net remittance to Sabels on December : Sabels manufactures the product at a cost of P5,000 per box of loaf bread and P100 per pack of sample bread. What is net remittance to Sabels on December
What outputs are provided by the ptps to external systems : What outputs are provided by the PTPS to external systems? What major internal PTPS functions are required to process inputs and turn them into outputs?
What actions company took to achieve operational excellence : Explain what actions the company took to achieve operational excellence.Note how they are a differentiator in the market. Note resources used to ensure success
What is the minimum number of meals to be sold : A colleges food operation has an average meal price of $6. Variable cost are $3.75 per meal, What is the minimum number of meals to be sold
Give support for evolution in our world : Please explain what natural selection and evolution are, who the father of evolution is, and provide me with two examples
What might be happening with simon : Simon, a 16-year-old male, Find Do these normal findings provide useful diagnostic information? How so? What might be happening with Simon?
Dicuss how multiple factors contribute to the failure : Dicuss How multiple factors contribute to the failure of people to implement specific policies. do you think frontline social workers are perceived
Description of the structure and function of the group : Description of the structure and function of the group you planned Explanation of how diversity and culture was taken into account when developing this group

Reviews

Write a Review

Accounting Basics Questions & Answers

  What are your recommendations

You have been hired by your university to find an outsourcing company to perform the payroll function. What are your recommendations? Describe the advantages and disadvantages of the outsourcing approach for this application.

  Carlos bought stock in year one for 1000 in year three when

carlos bought stock in year one for 1000. in year three when the stock is worth 10000 he donates the stock to alma

  How many months can the committee expect to continue

How many months can the committee expect to continue their fund-raising campaign? The first deposit is made at the end of the current month.

  What amount should Coronado report

On January 1, 2018, Coronado Industries sold $5100000 of its 8%. What amount should Coronado report as interest expense

  Prepare a corrected classified balance sheet in good form

Prepare a corrected classified balance sheet in good form. The notes above are for information only.

  Problem regarding the strong interpersonal skills

What is the probability that there will be at least one person with strong interpersonal skills among the group that is sent?

  Why preferred stock is referred to as preferred

250- to 350-word paper explaining why preferred stock is referred to as preferred and what some of the features added to preferred stock are that make it more attractive to investors. Would you select preferred stock or common stock as an investme..

  How should the company management handle given situation

Discuss if there should be any type of corrective action. How should the company management handle this situation? Feel free to share any situations that sound similar in the real world.

  Problem regarding the subscriptions-customer deposits

Horse Country Living publishes a monthly magazine for which a 12-month subscription costs $30. All subscriptions require payment of the full $30 in advance. On August 1, the balance in the Subscriptions Received in Advance account was $40,500.

  If there are so many generally accepted accounting

if there are so many generally accepted accounting principles gaap and outside auditors auditing company books why have

  Explain the independence between the auditor and the client

explain the independence between the auditor and the client on financial statement audit engagementsno word

  Discuss the tax consequences of contributing cash

Discuss the tax consequences of contributing cash, property, and/or services to the new entity (discuss only for the entity you have recommended)

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