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Question 22 (3 points) Jeff Bloom Industries (JBI) has been in business for over 31 years. They are a leader in their industry and their
Question 22 (3 points) Jeff Bloom Industries (JBI) has been in business for over 31 years. They are a leader in their industry and their management is second to none. JBI manufactures two different products, coffee mugs and teacups. Each coffee mug sells for $9.00 and has variable costs of $4.30. Each teacup sells for $14.20 and has variable costs of $9.90. In JBI's operations, for every 1 coffee mug that is sold, 2 teacups are also sold. Fixed costs for JBI are $151,000. Required: How many total units (total units of coffee mugs + total units of teacups), must be sold for JBI to break even? Your Answer: Answer Question 23 (2 points) Marina Inc. sells a unique product that is popular with upper income families. A total of 12,500 units were sold resulting in $158,000 of sales revenue, $60,000 of variable costs, and $21,750 of fixed costs. Calculate the break-even point in units for this product. Your
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