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are Ocean City Kite Company sells kites for $11.00 per kite. In FY 2019, total fixed costs are expected to be $215,000 and variable costs estimated at $5.00 a unit. Ocean City Kite Company wants to have an FY 2019 operating income of $65,000. Use this information to determine the number of units of kites that Ocean City Kite Company must sell in FY 2019 to meet this goal. (Round the answer to a whole number.)

are Ocean City Kite Company sells kites for $11.00 per kite. In FY 2019, total fixed costs are expected to be $215,000 and variable costs estimated at $5.00 a unit. Ocean City Kite Company wants to have an FY 2019 operating income of $65,000. Use this information to determine the number of units of kites that Ocean City Kite Company must sell in FY 2019 to meet this goal. (Round the answer to a whole number.)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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are Ocean City Kite Company sells kites for $11.00 per kite. In FY 2019, total fixed costs are expected to be $215,000 and variable costs estimated at $5.00 a unit. Ocean City Kite Company wants to have an FY 2019 operating income of $65,000. Use this information to determine the number of units of kites that Ocean City Kite Company must sell in FY 2019 to meet this goal. (Round the answer to a whole number.)
Transcribed Image Text:are Ocean City Kite Company sells kites for $11.00 per kite. In FY 2019, total fixed costs are expected to be $215,000 and variable costs estimated at $5.00 a unit. Ocean City Kite Company wants to have an FY 2019 operating income of $65,000. Use this information to determine the number of units of kites that Ocean City Kite Company must sell in FY 2019 to meet this goal. (Round the answer to a whole number.)
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