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If White Mountain Railway's fixed costs total $80,000 per month, the variable cost per passenger is $80, and tickets sell for $100, how much revenue must White Mountain Railway generate to earn $180,000 in operating income per month? OA. $1,300,000 OB. $260,000 OC. $325,000 OD. $13,000 MD

If White Mountain Railway's fixed costs total $80,000 per month, the variable cost per passenger is $80, and tickets sell for $100, how much revenue must White Mountain Railway generate to earn $180,000 in operating income per month? OA. $1,300,000 OB. $260,000 OC. $325,000 OD. $13,000 MD

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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If White Mountain Railway's fixed costs total $80,000 per month, the variable cost per passenger is $80, and tickets sell for $100, how much revenue must White Mountain Railway generate to earn $180,000 in operating income per month? OA. $1,300,000 OB. $260,000 OC. $325,000 OD. $13,000 ***
Transcribed Image Text:If White Mountain Railway's fixed costs total $80,000 per month, the variable cost per passenger is $80, and tickets sell for $100, how much revenue must White Mountain Railway generate to earn $180,000 in operating income per month? OA. $1,300,000 OB. $260,000 OC. $325,000 OD. $13,000 ***
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