Millie is looking at the sales forecast for the sales of classic waffles. She has given you some costs and revenue information to use when drawing a break-even chart. FORECASTS ... Variable costs Total fixed costs per month Sales price of the Classic Waffle $0.50 $800 $2.20 Millie Forecasts that up to 1800 people a month will buy a classic waffle at $2.20. Plot the following to draw a break-even chart for the classic waffles. Remember to label it fully (Costs, Revenue, Break-Even). You may find it helpful to complete the Activity Table before you start the chart. Finally shade the area wherein the profit is positive. Number of Waffles 1000 1800 Sales Revenue Variable Costs Fixed Costs Total Costs Break-even Quantity

Millie is looking at the sales forecast for the sales of classic waffles. She has given you some costs and revenue information to use when drawing a break-even chart. FORECASTS ... Variable costs Total fixed costs per month Sales price of the Classic Waffle $0.50 $800 $2.20 Millie Forecasts that up to 1800 people a month will buy a classic waffle at $2.20. Plot the following to draw a break-even chart for the classic waffles. Remember to label it fully (Costs, Revenue, Break-Even). You may find it helpful to complete the Activity Table before you start the chart. Finally shade the area wherein the profit is positive. Number of Waffles 1000 1800 Sales Revenue Variable Costs Fixed Costs Total Costs Break-even Quantity

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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