Homework Answers
(b)
The question is technically incorrect,
Since it is evident from part (a) that $35000 net operating income
can be earned by selling 4800 baskets only.
So by selling 5000 baskets, company will be able to make more than
$35000 of operating income, so no changes are required to be
made.
If you have any query, kindly comment with your query and please mark thumbs up.
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(b) Last year, Karen sold 5,000 baskets, and she believes that demand this year will be...
Three years ago, Jennifer Davis started a business that creates and delivers holiday abd birthday gift...
Three years ago, Jennifer Davis started a business that creates and delivers holiday abd birthday gift baskets to students at the local university. Jennifer sells the baskets for $25 each, and her variable costs are $15 per basket. She incurs $12,000 in fixed costs each year. (a) Your answer is correct. How many baskets will Jennifer have to sell this year if she wants to earn $24,000 in operating income? (Round answer too decimal places, e.g. 5,275.) 3600 baskets 17...
Three years ago, Sandra Robinson started a business that creates and delivers holiday and birthday gift...
Three years ago, Sandra Robinson started a business that creates and delivers holiday and birthday gift baskets to students at the local university, Sandra sells the baskets for $29 each and her variable costs are $19 per basket. She incurs $15,000 in fixed costs each year. (a) Your answer is correct. How many baskets will Sandra have to sell this year if she wants to earn $41,000 in operating income? (Round answer to o decimal places, e.g. 5,275.) 5600 baskets...
Three years ago, Debra King started a business that creates and delivers holiday and birthday gift...
Three years ago, Debra King started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Debra sells the baskets for $34 each, and her variable costs are $24 per basket. She incurs $24,000 in fixed costs each year. Last year, Debra sold 5,000 baskets, and she believes that demand this year will be stable at 5,000 baskets. The following are the actions Debra could take if she wants to earn $31,000 in...
Exercise 3-5 Three years ago, Marissa Moore started a business that creates and delivers holiday and...
Exercise 3-5 Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells the baskets for $26 each and her variable costs are $16 per basket. She incurs $13,400 in fixed costs each year. How many baskets will Marissa have to sell this year if she wants to earn $30,500 in operating income? (Round answer to o decimal places, e.g. 5,275.) 4390 baskets LINK TO TEXT...
Question 4 of 4 4.16/6.25 View Policies Show Attempt History Current Attempt in Progress Three years...
Question 4 of 4 4.16/6.25 View Policies Show Attempt History Current Attempt in Progress Three years ago, Mary Smith started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Mary sells the baskets for $25 each, and her variable costs are $15 per basket. She incurs $10,000 in fixed costs each year. (a) Your answer is correct. How many baskets will Mary have to sell this year if she wants to earn...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells the baskets for $25 each, and her variable costs are $15 per basket. She incurs $13,800 in fixed costs each year. Last year, Marissa sold 4,020 baskets, and she believes that demand this year will be stable at 4,020 baskets. The following are the actions Marissa could take if she wants to earn $28,400 in...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells the baskets for $34 each, and her variable costs are $24 per basket. She incurs $11,700 in fixed costs each year. V Your answer is correct. How many baskets will Marissa have to sell this year if she wants to earn $28,300 in operating income? (Round answer to 0 decimal places, e.g. 5,275.) 4000 baskets...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells the baskets for $29 each, and her variable costs are $19 per basket. She incurs $12,100 in fixed costs each year. (a) Your answer is correct. How many baskets will Marissa have to sell this year if she wants to earn $28,400 in operating income? (Round answer to 0 decimal places, e.g. 5,275.) 4050 baskets...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells the baskets for $33 each, and her variable costs are $23 per basket. She incurs $13,100 in fixed costs each year. Last year, Marissa sold 3,980 baskets, and she believes that demand this year will be stable at 3,980 baskets. The following are the actions Marissa could take if she wants to earn $28,700 in...
Question 2 051 Accounting Updates View Policies Show Attemot History Current Attempt in Progress ences brations...
Question 2 051 Accounting Updates View Policies Show Attemot History Current Attempt in Progress ences brations PLUS Support Three years ago, Marissa Moore started a business that creates and delivers a nd birthday gift baskets to students at the local i ty Marissa seils the baskets for $26 each and the variable costs are $16 per basket. She incurs $12.000 in fixed costs each Your answer is correct How many baskets wil Mark e tose this year if she wants...
Three years ago, Jennifer Davis started a business that creates and delivers holiday abd birthday gift baskets to students at the local university. Jennifer sells the baskets for $25 each, and her variable costs are $15 per basket. She incurs $12,000 in fixed costs each year. (a) Your answer is correct. How many baskets will Jennifer have to sell this year if she wants to earn $24,000 in operating income? (Round answer too decimal places, e.g. 5,275.) 3600 baskets 17...
Three years ago, Sandra Robinson started a business that creates and delivers holiday and birthday gift baskets to students at the local university, Sandra sells the baskets for $29 each and her variable costs are $19 per basket. She incurs $15,000 in fixed costs each year. (a) Your answer is correct. How many baskets will Sandra have to sell this year if she wants to earn $41,000 in operating income? (Round answer to o decimal places, e.g. 5,275.) 5600 baskets...
Exercise 3-5 Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells the baskets for $26 each and her variable costs are $16 per basket. She incurs $13,400 in fixed costs each year. How many baskets will Marissa have to sell this year if she wants to earn $30,500 in operating income? (Round answer to o decimal places, e.g. 5,275.) 4390 baskets LINK TO TEXT...
Question 4 of 4 4.16/6.25 View Policies Show Attempt History Current Attempt in Progress Three years ago, Mary Smith started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Mary sells the baskets for $25 each, and her variable costs are $15 per basket. She incurs $10,000 in fixed costs each year. (a) Your answer is correct. How many baskets will Mary have to sell this year if she wants to earn...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells the baskets for $34 each, and her variable costs are $24 per basket. She incurs $11,700 in fixed costs each year. V Your answer is correct. How many baskets will Marissa have to sell this year if she wants to earn $28,300 in operating income? (Round answer to 0 decimal places, e.g. 5,275.) 4000 baskets...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells the baskets for $29 each, and her variable costs are $19 per basket. She incurs $12,100 in fixed costs each year. (a) Your answer is correct. How many baskets will Marissa have to sell this year if she wants to earn $28,400 in operating income? (Round answer to 0 decimal places, e.g. 5,275.) 4050 baskets...
Question 2 051 Accounting Updates View Policies Show Attemot History Current Attempt in Progress ences brations PLUS Support Three years ago, Marissa Moore started a business that creates and delivers a nd birthday gift baskets to students at the local i ty Marissa seils the baskets for $26 each and the variable costs are $16 per basket. She incurs $12.000 in fixed costs each Your answer is correct How many baskets wil Mark e tose this year if she wants...
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