Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Accounting Basics Expert

The management of Rocko's Pizzeria is considering a special promotion for the last two weeks of October, which is normally a relatively low-demand period. The special promotion would involve selling two medium pizzas for the price of one, plus 1 cent. The medium pizza normally sells for $12.99 and has variable expenses of $4.50. Expected sales volume without the special promotion is 600 medium pizzas per week.

1.Calculate the total contribution margin generated by the normal volume of medium pizzas in a week.

2.Calculate the total number of medium pizzas that would have to be sold during the 1-cent sale to generate the same amount of contribution margin that results from the normal volume.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9795210

Have any Question?


Related Questions in Accounting Basics

Assignment 1 organization forms and taxationthere are

Assignment 1: Organization Forms and Taxation There are several forms of business organizations. The Internal Revenue Code (IRC) taxes different forms in different ways. The tax implications can sometimes be important en ...

Question - based on the loan amortization table1 whats the

Question - Based on the loan amortization table 1) What's the current and long-term liability that would appear on the Dec. 31, 2016 Balance sheet? 2) What's the interest expense for 2017? 3) What's the current and long- ...

Question - richard starts his own business in 2016 with

Question - Richard starts his own business in 2016 with $2,000 owner's capital. In 2016, he bought 10 textbooks at $1,000 and sold 5 of them at $600. There is no other transaction during 2016. What is the cost of goods s ...

Question - bill and linda are married and file a joint

Question - Bill and Linda are married and file a joint return for 2017.They have a daughter, Betty, age 21. Betty is a full time student at community college. Betty has no income, lives with her parents, and they provide ...

Question - on january 1 2007 nichols companys inventory of

Question - On January 1, 2007, Nichols Company's inventory of Item X consisted of 2,000 units that cost $8 each. During 2007 the company purchased 5,000 units of Item X at $10, each, and it sold 4,500 units. Periodic inv ...

Discussion as a present for doing so well in your finance

Discussion: As a present for doing so well in your finance class, your uncle has offered you a choice: He will give you either a zero coupon long term bond or a short term bond that pays coupon payments. Which would you ...

Question - state your accounting method of choice and

Question - State your accounting method of choice and describe several types of business transactions you expect to incur. Explain how the transactions will impact your financial statements. How will the transactions inf ...

Question - a company has 19 units in inventory at the

Question - A company has 19 units in inventory at the beginning of May and paid $55 for each unit. On May 2, the company buys 24 more units and pays $57 for each unit. On May 5, the company sells 30 units for $84 each. I ...

Question - on november 1 2009 tims toys borrows 30000000 at

Question - On November 1, 2009, Tim's Toys borrows $30,000,000 at 9% to finance the holiday sales season. The note is for a six-month term and both principal and interest are payable at maturity. What should be the balan ...

Question 1set up anprofessionally formatted excel

Question: 1) Set up anprofessionally formatted Excel spreadsheet for the data provided and perform the following calculations (assume that one-time costs occur now at time zero and assume that the initial investment is t ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As