Question
Crazy Coconut LLC has two products: Jet Boats Ski Boats Sales price per unit $12,000 $24,000 Variable cost per unit $4800 $18,000 Annual fixed costs
Crazy Coconut LLC has two products:
| Jet Boats | Ski Boats | |
| Sales price per unit | $12,000 | $24,000 |
| Variable cost per unit | $4800 | $18,000 |
Annual fixed costs are $300,000. What is the break even amount in units, assuming that Crazy Coconut sells five jet boats for every two ski boats sold? (Round any intermediate calculations to two decimal places, and your final answer to the nearest unit.)
Group of answer choices
7 jet boats and 6 ski boats
31 jet boats and 13 ski boats
13 jet boats and 31 ski boats
6 jet boats and 7 ski boats
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
