Cookie Company

Anonymous
timer Asked: Mar 3rd, 2019
account_balance_wallet $10

Question Description

I don't have much money but I need help with this question I am totally lost. Please help me.

This week you will analyze and classify the costs of your cookie company and evaluate contribution margin.

Review your Project Submission from Module 02 where you developed a cost card for your cookie and made a list of potential overhead costs.
Create an Excel spreadsheet as outlined below. Be sure that your completed spreadsheet has answers to all the questions below.

  1. In a table, on the first tab of the spreadsheet, classify your costs as variable, fixed, or mixed. Note: Now that you have a more robust understanding of costs you may need to add some overhead costs to your list. Think about both the ecommerce costs as well as the production facility costs.
  2. On the second tab of your Excel spreadsheet, prepare a high-low analysis of your electric costs using the following data. What is your fixed cost of electricity? What is the variable cost of electricity?
Month
Kilowatt Hours Used
Electric Costs
January
1866
$230
February
1439
$202
March
1146
$197
April
1046
$190
May
996
$182
June
1760
$225
  1. On the third tab of your spreadsheet prepare a daily contribution margin income statement based on your cost card from Module 01. Note: You must make some realistic assumptions about your fixed costs, sales level, and selling and administrative costs. Be sure to list all your assumptions. What is the contribution margin ratio for your cookie?
  2. On the fourth tab of your spreadsheet, calculate the break-even in number of cookies per day. What is the break-even in sales dollars each day? How many cookies must you sell to earn a daily profit of $100? Does this seem realistic?

Tutor Answer

Prof_IanSmith
School: Duke University

hello ...

flag Report DMCA
Review

Anonymous
Goes above and beyond expectations !

Similar Questions
Hot Questions
Related Tags
Study Guides

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors