From his luxury food truck, Chef Timon Balloo plans to sell small Poke bowls for $11.60 and large Poke bowls for $24.60. The variable cost per unit is $5.60 for the small Poke bowls and $12.20 for the large bowls. Chef Balloo envisions annual sales of 3,150 small bowls and 1,865 large Poke bowls. What is the annual operating cash flow if annual fixed costs will be $2,120 and the depreciation expense $1,450? Note: Timon Balloo’s tax rate is 40%. a. $24,524 b. $25,796 c. $16,542 d. $23,944 e. $26,827
From his luxury food truck, Chef Timon Balloo plans to sell small Poke bowls for $11.60 and large Poke bowls for $24.60. The variable cost per unit is $5.60 for the small Poke bowls and $12.20 for the large bowls. Chef Balloo envisions annual sales of 3,150 small bowls and 1,865 large Poke bowls. What is the annual operating cash flow if annual fixed costs will be $2,120 and the depreciation expense $1,450? Note: Timon Balloo’s tax rate is 40%. a. $24,524 b. $25,796 c. $16,542 d. $23,944 e. $26,827
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11E
Related questions
Question
From his luxury food truck, Chef Timon Balloo plans to sell small Poke bowls for $11.60 and large Poke bowls for $24.60. The variable cost per unit is $5.60 for the small Poke bowls and $12.20 for the large bowls. Chef Balloo envisions annual sales of 3,150 small bowls and 1,865 large Poke bowls. What is the annual operating cash flow if annual fixed costs will be $2,120 and the
a. $24,524
b. $25,796
c. $16,542
d. $23,944
e. $26,827
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning