Coffee Klatch is an espresso stand in a downtown office building. The average se

Question

Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the averagevariable expense per cup is $0.36. The average fixed expense per month in $1,300. An average of 2,100 cups are sold each month. What is the break-even sales dollars $1,300 $1,715 $1,788 $3,129 Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the averagevariable expense per cup is $0.36. The average fixed expense per month in $1,300. An average of 2,100 cups are sold each month. What is the break-even sales dollars 872 cups 3.611 cups 1.200 cups 1.150 cups Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the averagevariable expense per cup is $0.36. The average fixed expense per month in $1,300. An average of 2,100 cups are sold each month. What is the Cm Ratio for Coffee Klatch 1.319 0.758 0.242 4.139 Gangwer Corporation produces a single product and has the following cost structure. Number of units produced each year....... 6.000 Variable costs per unit: Direct materials...... $43 Direct labor......... $13 Variable manufacturing overhead.......... $5 Variable selling and administrative expense..........$1 Fixed costs per year: Fixed manufacturing overhead............ $204.000 Fixed selling and administrative expense................ $138.000 The Absorption costing unit product cost is: $95 $119 $61 $56

Explanation / Answer

Fixed cost/contribution margin per unit selling price 1.49 variable cost 0.36 contribution 1.13 fixed cost 1300 contribution margin ratio 0.758389262 Break even point in dollars 1714.159292 Answer no 1 B 1715 fixed cost / contribution per unit selling price 1.49 variable cost 0.36 contribution 1.13 fixed cost 1300 contribution per unit 0.758389262 Break even point in units 1150.442478 Answer no 2 D 1150 contribution /sales selling price 1.49 variable cost 0.36 contribution 1.13 fixed cost 1300 contribution margin ratio 0.758389262 Answer no 3 B 0.75 answer no 4 variable cost material variable cost 43 labor 13 variable manufacturing expenses 5 variable selling and administrative expenses fixed manufacturing cost 34 34 unit product cost under absorption costing 95 Answer A 95 per unit

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.