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Home Q & A Board Other Fields Homework Help Business Accounting
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Kwami Kwami
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7 years ago
The following information is provided for Larissa's Ice Cream Shoppe.
   Selling price of one ice cream cone   $2.50
   Variable cost per cone    $.75
   Annual fixed cost   $45,000

a.)   Calculate how many ice cream cones Larissa's Ice Cream Shoppe needs to sell to break-even.
b.)   Calculate how many ice cream cones Larissa's Ice Cream Shoppe needs to sell to earn a profit of $15,000.
c.)   Calculate how many ice cream cones must be sold per day to break-even. Assume they are open 260 days per year.
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
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mourningbirdmourningbird
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7 years ago
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Kwami Author
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#2
7 years ago
This will help my study group for sure, thanks
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#3
7 years ago
Happy to help, please mark as solved
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