Answer the Following Questions Using the Information Below

question 24

Multiple Choice

Answer the following questions using the information below:
Ruben intends to sell his customers a special round-trip airline ticket package. He is able to purchase the package from the airline carrier for $150 each. The round-trip tickets will be sold for $200 each and the airline intends to reimburse Ruben for any unsold ticket packages. Fixed costs include $5,000 in advertising costs.
-How many ticket packages will Ruben need to sell in order to achieve $60,000 of operating income?

• A) 367 packages
• B) 434 packages
• C) 1,100 packages
• D) 1,300 packages

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Definitions:

Consumer Reports

Non-profit organization providing unbiased product ratings and reviews to help consumers make informed purchasing decisions.

Research-Based Evidence

Refers to conclusions, findings, or insights obtained through systematic investigation and analysis, grounded in empirical data and methodologies.

Favorite Actress

A personal preference towards a female actor who is admired for her skills, roles, or performances in the film and television industry.

Sexual Partners

Individuals with whom one has a sexual relationship or sexual contacts.