Question
Manzanita Cider, a company that sells apple cider, has the following information: The average sales price of each bottle is $15 The average cost of
Manzanita Cider, a company that sells apple cider, has the following information:
The average sales price of each bottle is $15
The average cost of each bottle is $6
The rent for March on its retail store is $2,500
Insurance costs for March are $100
Salaries of employees for March are $5,000
Based on the information above, how many bottles does Manzanita Cider need to sell to reach an operating income of $70,000? (Round to the nearest unit.
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
