Need to sell to break even, Accounting Basics

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Need to sell to break even

George plans to sell his customers a special for a ski package weekend. He is able to purchase the package from the providers for $175 each. The ticket packages will be sold for $225 each and the ski resort and lodging facilities intend to reimburse George for any unsold ticket packages. Fixed costs include $4,000 in advertising costs.

How many ticket packages will George need to sell to break even?

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Accounting Basics: Need to sell to break even

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Accounting Basics: Need to sell to break even

Reference No:- TGS053263

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : How much in excess reserves does bank have

Q : Gross margin as a percentage of sales

Q : Give an overview of humanistic psychology''s theory

Q : Intrinsic value per share of common stock

Q : Need to sell to break even

Q : There are three different methods

Q : Explain the effect of changes in the exogenous variables

Q : What is the product margin for product f60n

Q : Rate of return on investment columbia sportswear company

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Need to sell to break even

Reference No:- TGS053263

Recent Questions Asked Accounting Basics

Q : How much in excess reserves does bank have

Q : Gross margin as a percentage of sales

Q : Give an overview of humanistic psychology''s theory

Q : Intrinsic value per share of common stock

Q : Need to sell to break even

Q : There are three different methods

Q : Explain the effect of changes in the exogenous variables

Q : What is the product margin for product f60n

Q : Rate of return on investment columbia sportswear company

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