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Calculate the contribution margin for one cone. $ contribution margin/cone (do not include the $ sign) Calculate the daily break-even number (to nearest cone) of cones sold. $ cones/day

Calculate the contribution margin for one cone. $ contribution margin/cone (do not include the $ sign) Calculate the daily break-even number (to nearest cone) of cones sold. $ cones/day

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Use these assumptions for the following questions based on the idea of: 1. Rebel Raspados is open 25 days/month 2. There are 2 employees ($10/hr, each working 8 hrs/day) 3. Average shaved ice sales price - $3.50 4. Ice and syrup is $50 for 100 snow cones 5. Rent, permits, and utilities for the shaved ice trailer is $725/month 6. No paid advertising, loans or other costs. Workers make posts on Rebel Raspados' Facebook page during downtime ings contribution margin/cone Calculate the contribution margin for one cone. $ (do not include the $ sign) Calculate the daily break-even number (to nearest cone) of cones sold. $ ces cones/day
Transcribed Image Text:Use these assumptions for the following questions based on the idea of: 1. Rebel Raspados is open 25 days/month 2. There are 2 employees ($10/hr, each working 8 hrs/day) 3. Average shaved ice sales price - $3.50 4. Ice and syrup is $50 for 100 snow cones 5. Rent, permits, and utilities for the shaved ice trailer is $725/month 6. No paid advertising, loans or other costs. Workers make posts on Rebel Raspados' Facebook page during downtime ings contribution margin/cone Calculate the contribution margin for one cone. $ (do not include the $ sign) Calculate the daily break-even number (to nearest cone) of cones sold. $ ces cones/day
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