Question
Question A Blossom Dish Printery publishes the best-selling Captain Cajun Cookbook that sells for $8. The company incurs variable costs of $2 per cookbook and
Question A
Blossom Dish Printery publishes the best-selling Captain Cajun Cookbook that sells for $8. The company incurs variable costs of $2 per cookbook and total fixed costs are $261,400. If the company's tax rate is 20%, how many cookbooks must be sold to generate $181,000 in net income?
Question B
Three years ago, Sharon Lee started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Sharon sells the baskets for $28each, and her variable costs are $18per basket. She incurs $13,200in fixed costs each year.
How many baskets will Sharon have to sell this year if she wants to earn $26,000in operating income? (Round answer to 0 decimal places, e.g. 5,275.)
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