Business, 11.02.2020 22:25 janeou17xn
Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. Here is her forecasted income statement for April, when she expects to produce and sell 3,000 meals:
amount per unit
Sales revenue $ 18,000 $ 6.00
Costs of meals produced 13,500 4.50
Gross profit $ 4,500 $ 1.50
Administrative costs 2,100 0.70
Operating profit $ 2,400 $ 0.80
Fixed costs included in this income statement are $4,500 for meal production and $600 for administrative costs. Maria has received a special request from an organization sponsoring a picnic to raise funds for the Special Olympics. This organization is willing to pay $3.50 per meal for 300 meals on April 10. Maria has sufficient idle capacity to fill this special order. These meals will incur all of the variable costs of meals produced, but variable administrative costs and total fixed costs will not be affected.
Required:
What impact would accepting this special order have on operating profit?
Status Quo
3,000Units Alternative
3,300 Units
Revenues $ $ $
Variable costs:
Meals
Administrative
Contribution margin $ $ $
Fixed costs
Operating profit $ $ $
Answers: 1
Business, 22.06.2019 14:20
Frugala is when sylvestor puts $2,000 into 10-year state bonds and $3,000 into 5-year aaa-rated bonds in steady hand hardware, inc. he buys the four state bonds at a 5 percent interest rate and the three steady hand bonds at a 6.5 percent rate. sylvestor also buys $1,500 worth of blue chip stocks, and $800 worth of stock in a promising new sportswear company that reinvests its earnings in new growth. 1. (a) what is the maturity for each of the bond groups sylvestor buys? (b) the coupon rate? (c) the par value?
Answers: 3
Business, 22.06.2019 14:30
You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should
Answers: 1
Business, 22.06.2019 16:40
Shawn received an e-mail offering a great deal on music, movie, and game downloads. he has never heard of the company, and the e-mail address and company name do not match. what should shawn do?
Answers: 2
Business, 23.06.2019 00:00
Both a demand curve and a demand schedule show how a. prices affect consumer demand. b. consumer demand affects income. c. prices affect complementary goods. d. consumer demand affects substitute goods.
Answers: 2
Maria's Food Service provides meals that nonprofit organizations distribute to handicapped and elder...
Mathematics, 14.04.2020 22:46
Mathematics, 14.04.2020 22:46
English, 14.04.2020 22:46
Mathematics, 14.04.2020 22:46
Computers and Technology, 14.04.2020 22:46
History, 14.04.2020 22:46