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Author Question: The owner of Spicy's Gourmet Popcorn is concerned because the stand has been averaging sales of only ... (Read 72 times)

clippers!

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The owner of Spicy's Gourmet Popcorn is concerned because the stand has been averaging sales of only 7,500 cartons per month, the stand and staff can make 15,000 cartons of popcorn per month. The variable cost of each carton is $1.50. Monthly fixed costs are ( taxes, licenses, space rent and salaries) are $10,000. The owner wants cost information about different volumes so that he can make some operating decisions.

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

Monthly carton sales7,50010,00015,000
Total fixed Costs$________$________$________
Total variable cost$________$________$________
Total costs$________$________$________
Fixed cost per carton$________$________$________
Variable cost per carton$________$________$________
Average cost per carton$________$________$________
Sales price per carton$5.50$5.50$5.50
Average profit per carton$________$________$________


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Marked as best answer by clippers! on Jan 4, 2020

potomatos

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clippers!

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


xthemafja

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Reply 3 on: Yesterday
Excellent

 

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