Determine Breakm Even Point in units and sales dollars? (Round Break even units to nbearest whole number) Price per cake: $13.91 Variable Cost per cake: Ingrediants $2.25 Direct Labor $1.18 Overhead $0.27 My Calculation: $13.91-$3.70-$4,228.20=Profit $10.21=$4,228.20/$10.21 =414.12 or 414 What am I doing wrong?

Determine Breakm Even Point in units and sales dollars? (Round Break even units to nbearest whole number) Price per cake: $13.91 Variable Cost per cake: Ingrediants $2.25 Direct Labor $1.18 Overhead $0.27 My Calculation: $13.91-$3.70-$4,228.20=Profit $10.21=$4,228.20/$10.21 =414.12 or 414 What am I doing wrong?

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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Question

Determine Breakm Even Point in units and sales dollars? (Round Break even units to nbearest whole number)

Price per cake: $13.91

Variable Cost per cake:

Ingrediants $2.25

Direct Labor $1.18

Overhead $0.27

My Calculation:

$13.91-$3.70-$4,228.20=Profit

$10.21=$4,228.20/$10.21

=414.12 or 414

What am I doing wrong?

Definition Definition Indirect costs incurred while producing goods or services. Overhead costs cannot be directly attributed to products or services. Overhead includes indirect material cost, indirect labor cost, rent, utilities expenses, and depreciation. Since these costs directly affect the profitability of a company, managing overhead becomes an important task for management.

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