You decide to open a Lil Miss B's Bakery. You will only make whole wheat bread and sell it as a whole loaf. You were able to purchase the store and pay a monthly mortgage note payment of $1600 (this includes your taxes, insurance and loan payment). You placed your bills on levelized billing so you pay monthly $500 for electricity and $300 for water. Your secret whole wheat bread recipe makes one load of bread. The recipe calls for 3 cups of whole wheat flour (cost is 78 cents), 2 tablespoons of yeast (cost is 34 cents), 3 eggs (cost is 20 cents), one cup of milk (cost is 98 cents) and 2 tablespoons of honey (cost is $1.15). How many loaves of whole wheat bread does Lil Miss B's Bakery need to sell each month to breakeven if we charge $4.50 per loaf? choose the options.. Between 2,283 and 2,284 loaves. Between 2,285 and 2,286 loaves. Between 2,287 and 2,288 loaves. Between 2,289 and 2,290 loaves.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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You decide to open a Lil Miss B's Bakery. You will only make whole wheat bread and sell it as a whole loaf. You were able to purchase the store and pay a monthly mortgage note payment of $1600 (this includes your taxes, insurance and loan payment). You placed your bills on levelized billing so you pay monthly $500 for electricity and $300 for water. Your secret whole wheat bread recipe makes one load of bread. The recipe calls for 3 cups of whole wheat flour (cost is 78 cents), 2 tablespoons of yeast (cost is 34 cents), 3 eggs (cost is 20 cents), one cup of milk (cost is 98 cents) and 2 tablespoons of honey (cost is $1.15).


How many loaves of whole wheat bread does Lil Miss B's Bakery need to sell each month to breakeven if we charge $4.50 per loaf?

choose the options..


Between 2,283 and 2,284 loaves.
Between 2,285 and 2,286 loaves.
Between 2,287 and 2,288 loaves.
Between 2,289 and 2,290 loaves.

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