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TARGET SALES UNITS Determine the number of cakes a bakery must sell to gerate $1,100 in profit based on the following information: Price per cake $14.71 Variable Cost per cake  Ingredients $2.25 Direct Labor $ 1.02 Overhead $.25 Fixed Cost Per Month $4,476

TARGET SALES UNITS Determine the number of cakes a bakery must sell to gerate $1,100 in profit based on the following information: Price per cake $14.71 Variable Cost per cake  Ingredients $2.25 Direct Labor $ 1.02 Overhead $.25 Fixed Cost Per Month $4,476

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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TARGET SALES UNITS

Determine the number of cakes a bakery must sell to gerate $1,100 in profit based on the following information:

Price per cake $14.71

Variable Cost per cake 

Ingredients $2.25

Direct Labor $ 1.02

Overhead $.25

Fixed Cost Per Month $4,476

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Cost-volume profit analysis: CVP analysis is a tool of cost accounting that measures the effect of variation on operating profit and net income due to the variation in the proportion of sales and product costs.

 

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