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Author Question: Barbara's Boutique wants to know what it takes to have $20,000 in operating income. If her selling ... (Read 55 times)

haydenjmcm

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Question 1

On the break-even graph, the point at which the total sales revenue line and the total cost line intersect is called
◦ operating income.
◦ the break-even point.
◦ net income.
◦ contribution margin.

Question 2

Barbara's Boutique wants to know what it takes to have $20,000 in operating income. If her selling price is $20, variable cost is $8, and fixed costs total $40,000, how many units must she sell to reach her goal?
◦ 2,500 units
◦ 1,667 units
◦ 7,500 units
◦ 5,000 units


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Marked as best answer by haydenjmcm on Feb 5, 2023

hariet5

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haydenjmcm

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)


raenoj

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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