Burger Bobs Boathouse sells only one product. 7,000 units were sold in year, resulting...
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Accounting
Burger Bobs Boathouse sells only one product. 7,000 units were sold in year, resulting in $70,000 of sales revenue. Variable costs were $28,000 for the year, and fixed costs were $42,000. The Break-even point in volume is:
3,000 units
2,797 units
2,000 units
7,000 units
_______
How many units would have to be sold to yield a target operating income of $18,000, assuming variable costs are $15 per unit, total fixed costs are $2,000, and the unit selling price is $20?
4,800 units
4,400 units
4,000 units
1,600 units
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