1. Ocean City Kite Company sells kites for $11.50 per kite. In FY 2019, total fixed costs are expected to be $175,000 and variable costs are estimated at $4.50 a unit.Ocean City Kite Company wants to have a FY 2019 operating income of $65,000. 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. (Round your answer to a whole number)
2. Adelphi Company has budgeted activity for March to reflect net income $135,000. All sales are credit sales. Receivables are planned to increase (decrease -) by $-39,000 payables to increase (decrease -) by $1,000 and Depreciation Expense is $40,000. Use this information to determine how much cash will increase (decrease) during the month of March. (Decreases in accounts receivable or accounts payable will have a negative sign in front of number.Round & enter final answer to the nearest whole dollar.)
3. During FY 2018, Adelphi Company reported sales of $400,000, a contribution margin of $5.00 per unit, fixed costs of $85,000, and net income of $35,000. Use this information to determine the number of units Adelphi sold during FY 2018.(Round answer to nearest whole number)