Question
Ocean City Kite Company sells kites for $10.50 per kite. In FY 2019, total fixed costs are expected to be $215,000 and variable costs are
Ocean City Kite Company sells kites for $10.50 per kite. In FY 2019, total fixed costs are expected to be $215,000 and variable costs are estimated at $4.00 a unit.Ocean City Kite Company wants to have a FY 2019 operating income of $70,000. Use this information to determine the number of units of kites that Ocean City Kite Company must sell in FY 2019 to meet this goal.
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
23rd edition
1337794759, 978-1337794756
