Answer the following questions using the information below:
Ruben intends to sell his customers a special round-trip airline ticket package. He is able to purchase the package from the airline carrier for $150 each. The round-trip tickets will be sold for $200 each and the airline intends to reimburse Ruben for any unsold ticket packages. Fixed costs include $5,000 in advertising costs.
-How many ticket packages will Ruben need to sell to break even?
A) 34 packages
B) 50 packages
C) 100 packages
D) 150 packages
Correct Answer:
Verified
Q66: Frazer Corp sells several products.Information of
Q67: If breakeven point is 1,000 units,each unit
Q68: For every $25,000 of ticket packages sold,operating
Q69: Dr.Charles Hunter,MD,performs a certain outpatient procedure for
Q70: Pearl Lights sells only pearl necklaces.8,000 units
Q72: When fixed costs are $50,000 and variable
Q73: Answer the following questions using the
Q74: Answer the following questions using the information
Q75: Answer the following questions using the information
Q76: Bovous Stores,Inc.,sells several products.Information of average
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents