Cove’s Cakes is a local bakery. Price and cost information follows:     Price per cake$14.21 Variable cost per cake   Ingredients 2.33 Direct labor 1.12 Overhead (box, etc.) 0.25 Fixed cost per month$3,153.00       How do i find the break even sales for this problem

Question
Asked Oct 8, 2019
23 views

Cove’s Cakes is a local bakery. Price and cost information follows:
 

       
Price per cake $ 14.21  
Variable cost per cake      
Ingredients   2.33  
Direct labor   1.12  
Overhead (box, etc.)   0.25  
Fixed cost per month $ 3,153.00  
       
 

 

How do i find the break even sales for this problem

check_circle

Expert Answer

Step 1

Breakeven point is that level of sales when the the contribution is just able to cover the fixed costs. The contribution per unit is computed by subtracting t...

Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in

Business

Accounting

Related Accounting Q&A

Find answers to questions asked by student like you

Show more Q&A add
question_answer

Q: 13 View Policies -/1 Cutrent Attempt in Progress Materials costs of $1330000 and conversion costs of...

A: Material cost per unit is ascertained by dividing the total material cost by the total no. of units.

question_answer

Q: The company’s M.S accountants make adjusting entries monthly, and they make all closing entries annu...

A: a) Prepare the bank reconciliation statement:

question_answer

Q: Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production info...

A: Allocation of Overhead to each product line by using traditional costing system with Machine Hour as...

question_answer

Q: Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for Item CZ83 are as follow...

A: LIFO Method: LIFO method also referred to as Last-In-First-Out method is an inventory management tec...

question_answer

Q: On January 3, 2016, Persoff Corporation acquired all of the outstanding voting stock of Sea Cliff, I...

A: Persoff\'s Equity earnings in Sea Cliff\'s balance for the year ended December 31, 2018.

question_answer

Q: Break-Even Sales and Sales Mix for a Service Company Zero Turbulence Airline provides air transporta...

A: a.Compute the break-even number of seats sold on a single round-trip flight for the overall Product ...

question_answer

Q: Reidgewood company had the following ending balances on its financial statements: 2018 2019 2020 Pre...

A: Insurance expenses refers to the used amount of the insurance. It is the amount paid for the insuran...

question_answer

Q: I need some guidance with the following question. We do not need to complete form 1040 or any schedu...

A: Taxable income is calculated on income from salary, bonus, long term & short-term capital gains,...

question_answer

Q: Return on total assets A company reports the following income statement and balance sheet informatio...

A: Calculation of return on assets.