You have a business selling and delivering pizzas to businesses for lunch.You pay $4,000 per month in rent, $320 for utilities, and $2,000 a monthfor salaries. You also have delivery cars that cost $1,000 per month.Your variable costs are $8 per pizza for ingredients and $4 per pizza for delivery costs.You sell the pizzas for $20 each.Round up if necessaryWhat is the number of pizzas you need to sell to break even for the monthIf you want to make a profit of 2,000 per month, how many pizzas do youneed to sell?Round up if necessaryGo back to the original numbersIf the price of cheese goes up and your variable costs go by $3what is your new break even in pizzas if you increase your price to $21Round up if necessaryGolden Company has a fleet of delivery trucks and has the followingOverhead costs per month with the miles drivenMiles DrivenTotal CostsMarch50.000194.000Aprill40.000170.200 this is the lowMay60.000217.600June70.000241.000Use the High-Low method to determine thea. Variable Cost per Mileb. Fixed Costs

Since you have asked multiple question, we will solve the first question for you. If you want any…

Answered: What is the number of pizzas you need…

Business

Accounting

What is the number of pizzas you need to sell to break even for the month

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

The long distance company that you use charges $5.00 per month and $0.10 per minute per call. If your current bill is $25.00, how many minutes did you use?
A bookstore offers you the following deal: you pay $32 today (in January) and you get 9% off the price of everything you purchase in December (for simplicity assume exactly 12 months from now). If your savings account earns 4.72% APR (compounded monthly), how much do you have to buy in December to just break even on the offer?
Suppose you get paid every two weeks. You determine that you can afford to divert $80 from each check to pay for a car. Suppose you get approved for a loan with $80 biweekly payments over 6 years at an APR of 7%. What is the most expensive car you can afford to purchase with this loan? Note: In finance, biweekly means every two weeks. Hint: If you make payments every two weeks, how many payments do you make in a year
If you have ATM fees each month of $8 for 4 years, what is the total cost of those banking fees?
You are shopping and see an item that is normally priced for $900 on sale for 45% off. However, you have a coupon for an additional 25% off. (The cashier will apply your coupon to the sale price, not the normal price.) What is the final cost of the item (before sales tax) after the sale and coupon discounts? Ans: The final cost is $
You are considering the purchase of a Condo in downtown Toronto that you hope to operate as an Airbnb. The monthly mortgage expenses will be about $2215. You expect the cleaning cost to vary with the daily occupation, at the rate of $ 41 per day of occupation. Renting the Condo at $299 per night. How many days must your Condo be occupied if you want to make a monthly profit of $ 2221? (Please give your answer to two significant decimal figures)
Chapter 13, Question 7. Attached is a similar question with answers. Please answer the same two parts for the new question
5) According to a recent WalletHub report, the average credit card balance is $10,848 per American household, at an average 22.75% APR. How long will it take for a credit card balance of $10,848 to be paid off with monthly $40 minimum payments? How much interest will the credit card debt cost?
BMW will sell a $55,000 car for $890 per month for 72 months. What is the annual interest rate? Hint: Excel will help you to calculate the monthly interest rate if you enter 72 as the number of periods. So, you need to multiply that monthly interest rate by 12 to get the annual interest rate. a. 3.31% O b. 7.15% C. 4.12% d. 2.43% e. 5.17%
An electronics retailer is offering a deferred payment plan. A customer can buy a laptop today for no money down, followed by 12 monthly payments of $145, with the first payment due in 1 year from date of purchase. If the retailer is building in a rate of return of 12% compounded monthly, what is the purchase price of the laptop that was financed?
Your friend tells you he has a very simple trick for taking one-third off the time it takes to repay your mortgage: Use your Christmas bonus to make an extra payment on January 1 of each year ( that is, pay your monthly payment due on that day twice). If you take out your mortgage on July 1, so your first monthly payment is due August 1, and you make an extra payment every January 1, how long (in years) will it take to pay off he mortgage? Assume that the mortgage has an original term of 30 years and an APR of 10.2%. (Hint: The original balance does not matter in this problem, so you can pick any number you want. In this case we will use $100,000 as the principal balance.) Round to three decimal places.
Apple Watch NFTs are being released 18 months from today. The expected price of one of these will be $1,165 and you want to be first in line to get one. How much do you need to have in your account today to buy one of these NFTs in 1.5 years? Your account earns 0.7% monthly interest. (Round to the nearest dollar)