2. Assuming sales in the 1st year are breakeven, what is the growth rate of sales required to pay the start up costs for the WTC location within 5 years? Use the template below to complete. Rent Utilities Labor COGS Total Cost Gross Sales Average Retail per Cake Cakes Sold per year Cakes Sold per day Net Income Start-up Cost Left Growth Rate Calculation Growth Rate 2015 2016 2017 2018 2019 Year One Year Two Year Three Year Four Year Five

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter21: Variable Costing For Management analysis
Section: Chapter Questions
Problem 15E
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2. Assuming sales in the 1st year are breakeven, what is the growth rate of sales required to pay the start up costs for the WTC location within 5 years?
Use the template below to complete.
Rent
Utilities
Labor
COGS
Total Cost
Gross Sales
Average Retail per Cake
Cakes Sold per year
Cakes Sold per day
Net Income
Start-up Cost Left
Growth Rate Calculation
Growth Rate
2015
2016
2017
2018
2019
Year One
Year Two
Year Three
Year Four
Year Five
Transcribed Image Text:2. Assuming sales in the 1st year are breakeven, what is the growth rate of sales required to pay the start up costs for the WTC location within 5 years? Use the template below to complete. Rent Utilities Labor COGS Total Cost Gross Sales Average Retail per Cake Cakes Sold per year Cakes Sold per day Net Income Start-up Cost Left Growth Rate Calculation Growth Rate 2015 2016 2017 2018 2019 Year One Year Two Year Three Year Four Year Five
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