Bella's Bistro has a selling price of $8 per sandwich, a variable cost of $3.00 per sandwich, and a total fixed cost of $2,500. In February, they sold 2,200 sandwiches. How much does each sandwich contribute to paying for fixed expenses and generating profit? a. $5.00 b. $3.00 c. $2.50 d. $4.50

Bella's Bistro has a selling price of $8 per sandwich, a variable cost of $3.00 per sandwich, and a total fixed cost of $2,500. In February, they sold 2,200 sandwiches. How much does each sandwich contribute to paying for fixed expenses and generating profit? a. $5.00 b. $3.00 c. $2.50 d. $4.50

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter5: Inventories And Cost Of Goods Sold

Section: Chapter Questions

Problem 5.5DC

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Question

100%

How much does each sandwich contribute to paying for fixed expenses and generating profit on these accounting question?

Bella's Bistro has a selling price of $8 per sandwich, a variable cost of
$3.00 per sandwich, and a total fixed cost of $2,500. In February, they
sold 2,200 sandwiches.
How much does each sandwich contribute to paying for fixed
expenses and generating profit?
a. $5.00
b. $3.00
c. $2.50
d. $4.50

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