Edo Sushi Restaurant offers two types of all-you-can eat options: regular and ultimate. restaurant incurs fixed costs of $9,000 per month. Its planned sales mix in units is 40% regular and 60% ultimate. The following table indicates the selling price and variable costs for each option Regular Ultimate $20 $13 Selling Price Variable Cost $24 $16 Do not enter dollar signs or commas in the input boxes. Round your answers up to the nearest whole number. How many units of each of the regular and ultimate options need to be sold each month for the company to break-even, assuming the planned sales mix is maintained Break-even point Regular Break-even point Ultimate:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Edo Sushi Restaurant offers two types of all-you-can eat options: regular and ultimate. Ultimate provides more choices than the regular menu. The
restaurant incurs fixed costs of $9,000 per month. Its planned sales mix in units is 40% regular and 60% ultimate. The following table indicates the selling
price and variable costs for each option.
Regular Ultimate
$20 $24
$16
Selling Price
Variable Cost $13
Do not enter dollar signs or commas in the input boxes.
Round your answers up to the nearest whole number.
How many units of each of the regular and ultimate options need to be sold each month for the company to break-even, assuming the planned sales mix
is maintained.
Break-even point Regular
Break-even point Ultimate:
Transcribed Image Text:Edo Sushi Restaurant offers two types of all-you-can eat options: regular and ultimate. Ultimate provides more choices than the regular menu. The restaurant incurs fixed costs of $9,000 per month. Its planned sales mix in units is 40% regular and 60% ultimate. The following table indicates the selling price and variable costs for each option. Regular Ultimate $20 $24 $16 Selling Price Variable Cost $13 Do not enter dollar signs or commas in the input boxes. Round your answers up to the nearest whole number. How many units of each of the regular and ultimate options need to be sold each month for the company to break-even, assuming the planned sales mix is maintained. Break-even point Regular Break-even point Ultimate:
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education