Sunnybrook Farms is a local grocery store that is currently open only Monday through Saturday

Question # 00295542 Posted By: kimwood Updated on: 05/25/2016 02:17 PM Due on: 06/24/2016
Subject Accounting Topic Accounting Tutorials:
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Sunnybrook Farms is a local grocery store that is currently open only Monday through Saturday. Sunnybrook is considering opening on Sundays. The annual incremental costs of Sunday openings are estimated at $24,960. Sunnybrook Farms' gross margin on sales is 20%. Sunnybrook estimates that 60% of its potential Sunday sales to customers are now made on other days. What 1-day volume of Sunday sales would be necessary for Sunnybrook Farms to attain the same weekly operating income as in the current 6-day week?
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  1. Tutorial # 00290895 Posted By: kimwood Posted on: 05/25/2016 02:17 PM
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    sales should be five times (100%) ...
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