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Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells the baskets for $34 each, and her variable costs are $24 per basket. She incurs $11,700 in fixed costs each year. V Your answer is correct. How many baskets will Marissa have to sell this year if she wants to earn $28,300 in operating income? (Round answer to 0 decimal places, e.g. 5,275.) 4000 baskets SHOW SOLUTION LINK TO TEXT LINK TO VIDEO VIDEO: SIMILAR EXERCISE x Your answer is incorrect. Try again. Last year, Marissa sold 3,800 baskets, and she believes that demand this year will be stable at 3,800 baskets. The following are the actions Marissa could take if she wants to earn $28,300 in operating income by selling only 3,800 baskets. Consider each action independently. (Round per unit answers to 2 decimal places, e.g. 52.75 and fixed cost to 0 decimal places, e.g. 5,275.) 34 1. Raise selling price per unit to 24 2. Reduce variable costs per unit to 11700 3. Reduce fixed costs to
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