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Author Question: The owner of Willy's Wonderful Burger Stand is concerned because the stand has been averaging only ... (Read 88 times)

mckennatimberlake

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The owner of Willy's Wonderful Burger Stand is concerned because the stand has been averaging only 3,000 burger sales per month, the stand and staff can make 6,000 burgers per month. The variable cost of each burger ( buns, meat etc) is $2.50. Monthly fixed costs are ( taxes, licenses, space rent and salaries) are $7,500. The owner (Willy Wonderful) wants cost information about different volumes so that he can make some operating decisions.

Required: Fill in the following chart to provide Willy with the information he wants.

Monthly burger sales2,5003,0005,000
Total fixed Costs$________$________$________
Total variable cost$________$________$________
Total costs$________$________$________
Fixed cost per burger$________$________$________
Variable cost per burger$________$________$________
Average cost per burger$________$________$________
Sales price per burger$5.00$5.00$5.00
Average profit per burger$________$________$________


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Marked as best answer by mckennatimberlake on Jan 4, 2020

IAPPLET

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mckennatimberlake

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Reply 2 on: Jan 4, 2020
YES! Correct, THANKS for helping me on my review


nanny

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Reply 3 on: Yesterday
Wow, this really help

 

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