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Other Fields Homework Help Accounting Topic started by: needanswersnowp on Feb 28, 2018



Title: Mang Accounting (please show all work) Q1
Post by: needanswersnowp on Feb 28, 2018
1) Randolph runs a lemonade stand and wants to make $150 in the next week. He sells each cup of lemonade for $0.75, while the variable cost is $0.15 for the cups and ingredients. Fixed costs such as posters and signs are $15.00.

Calculate the following:
a.   Contribution margin per unit sold
b.   Contribution margin ratio
c.   Breakeven point in units
d.   Units to be sold to earn the targeted operating income


Title: Re: Mang Accounting (please show all work) Q1
Post by: habiba on Feb 28, 2018
Answered below