Answer the following questions using the information below:
Campesi intends to sell his customers a special round-trip airline ticket package.He is able to purchase the package from the airline carrier for $250 each.The round-trip tickets will be sold for $300 each and the airline intends to reimburse Campesi for any unsold ticket packages.Fixed costs include $7500 in advertising costs.
-How many ticket packages will Campesi need to sell to break even?
A) 65 packages
B) 100 packages
C) 150 packages
D) 250 packages
Correct Answer:
Verified
Q22: In CVP analysis, an assumption is made
Q25: If unit outputs exceed the break-even point:
A)total
Q27: Which of the following is true about
Q28: How many units would have to be
Q30: What is the break-even point in units,assuming
Q31: It is assumed in CVP analysis that
Q31: Break-even point is:
A)fixed costs divided by contribution
Q32: At the break-even point of 200 units,variable
Q33: The break-even point is the activity level
Q34: Sales total $250 000 when variable costs
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