A local bakery is considering adding a new line of pies. This will require leasing new equipment at a monthly cost of $4,690. It would cost $2 to produce each new pie, and the expected retail price is $9.How many pies must be sold to realize a profit of $555 (Round up to the nearest whole dollar)

A local bakery is considering adding a new line of pies. This will require leasing new equipment at a monthly cost of $6,437. It would cost $4 to produce each new pie, and the expected retail price is $11.How many pies would Old-Fashioned Pies need to see in order to break even on this expansion? (Round up to the nearest integer)

The market for pies is competitive and has the following demand schedule: Price: $1, 2, 3, 4, 5, 6, 7, 8, 10, 11, 12, 13 Quantity demanded: 1200, 1100, 1000, 900, 800, 700, 600, 500, 400, 300, 200, 100, 0 Each producer in the market has fixed costs of $9 and the following marginal cost: Quantity: 1 pie, 2, 3, 4, 5, 6 Marginal cost: $2, 4, 6, 8, 10, 12 a) Compute each producer's total cost and average total cost for 1 to 6 pies. b) The price of a pie is now $11.How many pies are sold? How many pies does each producer make? How many producers are there? How much profit does each producer earn? c) Is the situation described in part (b) a long-run equilibrium? Why or why not? d) Suppose that in the long run there is free entry and exit. How much profit does each P producers earn in the long-run equilibrium? What is the market price? How many pies does each producer make? How many pies are sold in the market? How many pie producers are operating?

Results for Desserts by Jacki's labor costs for pies last quarter was as follows  Actual production in pies18,000 piesStandard labor cost per pie3/4 hour × $12.50 per hourActual labor cost for pies$135,000 for 9,000 hours Desserts by Jacki's direct labor price variance for pies was Blank______.Multiple choice question.$33,750 unfavorable$22,500 unfavorable$33,750 favorable$22,500 favorable

Results for Desserts by Jacki's pie crust information for last quarter was as follows  Actual production in pies18,000 piesStandard cost for pie crust6 ounces × $0.09 per ounceActual cost for pie crust$10,890 for 99,000 ounces Desserts by Jacki's direct material efficiency variance for pie crusts was Blank______.Multiple choice question.$810 unfavorable$990 unfavorable$810 favorable$990 favorable

The cost to make each dessert increases to $13.60 .Jed wants to make the same percentage profit.Work out the new selling price.