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Author Question: Morgan Creations sells monogrammed baby blankets. The blankets sell for $36 each. Variable costs are ... (Read 87 times)

parker123

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Morgan Creations sells monogrammed baby blankets. The blankets sell for $36 each. Variable costs are $12 per blanket and fixed costs total $45,000. Morgan wishes to have operating income of $9,000.

Required:

a.How many blankets must Morgan sell to meet her target operating income?
b.If Morgan can cut her fixed costs by 20%, to reach her target income, how many
blankets will she need to sell?


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Marked as best answer by parker123 on Feb 5, 2023

Jim457

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parker123

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Reply 2 on: Feb 5, 2023
Excellent


raili21

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

 

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