Izzy Ice Cream has the following price and cost information:
Required:
Determine Izzy's breakeven point in units and sales dollars.
Determine how many sundaes must be sold to generate a profit of $
Calculate Izzy's new breakeven point in units for each of the following independent scenarios:
a Sales price decreases by $
b Fixed costs decrease by $ per month.
c Variable costs increase by $ per sundae.
Based on the original information, how many sundaes must Izzy sell to generate a profit of $ if sales price increases by
$ and variable costs increase by $
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Determine Izzy's breakeven point in units and sales dollars.