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Three years ago, Maria Miller started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Maria sells
Three years ago, Maria Miller started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Maria sells the baskets for $34 each. and her variable costs are $24 per basket. She incurs $12,100 in xed costs each year. (a) I Your answer is incorrect. How many baskets will Maria have to sell this year if she wants to earn $25,000 in operating income? (Round answer to 0 decimal places, e.g. 5,275.) baskets eTextbook and Media Save for Later Attempts: 2 of 3 used (b) 5 Your answer is incorrect. Last year. Maria sold 3.500 baskets, and she believes that demand thisyear will be stable at 3,500 baskets. The following are the actions Maria could take if she wants to earn $25,000 in operating income by selling only 3,500 baskets.Consider each action independently.(Round per unit answers to 2 decimal places, e.g. 52.75 and xed cast to 0 decimal places, 2.3. 5,275.) 1. Raise selling price per unit to $ 2. Reduce variable costs per unit to $ 3. Reduce xed costs to S eTextbook and Media Save for Later Attempts: 1 of 3 used Submit
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