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Home Q & A Board Other Fields Homework Help Business Accounting
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kortni916 kortni916
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6 years ago
Water Rockets Company has provided the following information regarding the two products that it sells:

Jet BoatsSki Boats
Sales price per unit$8,000$20,000
Variable cost per unit$5,000$15,000

Annual fixed costs are $290,000.

How many units must be sold in order for Water Rockets to breakeven, assuming the company sells five jet boats for every two ski boats sold? (Round intermediary dollar amounts to the nearest dollar and round unit amounts up to the next whole unit.)
A) 73 jet boats and 30 ski boats
B) 59 jet boats and 24 ski boats
C) 24 jet boats and 59 ski boats
D) 53 jet boats and 21 ski boats
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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therocket804therocket804
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6 years ago
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kortni916 Author
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#2
6 years ago
Such a godsend, you helped me and my friend big time
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