Corny and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen is$4.00, variable costs are $1.25 per dozen, and total fixed costs are $825.00. How many dozens of ears ofcorn must Corny and Sweet sell to breakeven?

Contribution margin per dozen = Selling price per dozen - Variable cost per dozen = $4.00 - $1.25 =…

Corny and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen i $4.00, variable costs are $1.25 per dozen, and total fixed costs are $825.00. How many dozens of ears of com must Corny and Sweet sell to breakeven?

Corny and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen i $4.00, variable costs are $1.25 per dozen, and total fixed costs are $825.00. How many dozens of ears of com must Corny and Sweet sell to breakeven?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 6EA: Reubens Deli currently makes rolls for deli sandwiches it produces. It uses 30,000 rolls annually in...

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Concept explainers

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.

Question

Corny and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen is
$4.00, variable costs are $1.25 per dozen, and total fixed costs are $825.00. How many dozens of ears of
corn must Corny and Sweet sell to breakeven?

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