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Jackson Manufacturers Has Provided the Following Information Regarding the Two

question 142

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Jackson Manufacturers has provided the following information regarding the two products that it sells:  Jet Boats  Ski Boats  Sales price per unit $10,000$24,000 Variable cost per unit $4,800$18,000\begin{array} { | l | r | r | } \hline & \text { Jet Boats } & \text { Ski Boats } \\\hline \text { Sales price per unit } & \$ 10,000 & \$ 24,000 \\\hline \text { Variable cost per unit } & \$ 4,800 & \$ 18,000 \\\hline\end{array} Annual fixed costs are $300,000.
How many units must be sold in order for Jackson to break even,assuming that Jackson sells five jet boats for every two ski boats sold? (Round any intermediate calculations to two decimal places,and your final answer to the nearest unit. )


Definitions:

Investment Period

The duration for which funds are held in an investment before being withdrawn.

Compounded Annually

Refers to the process where interest is added to the principal sum at the end of each year, allowing the interest to earn interest in the subsequent year.

Inheritance

Assets received from a deceased person's estate by heirs or through a will.

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