Water Rockets Company gave the following information about the two products it sells: Jet Boats Ski Boats
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Question:
Water Rockets Company gave the following information about the two products it sells:
Jet Boats | Ski Boats | |
unit selling price | $12.000$ | $30.000$ |
variable cost per unit | $4,900 | $ 16,000 |
Annual fixed costs are $310,000$.
Assuming the company sells five jet boats for every two ski boats sold, how many units would have to be sold for the Water Rockets to be at par?
Related Book For
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118033890
3rd Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
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