Megan Brooks started a business that designs and delivers custom snack boxes to office employees. Megan sells each snack box for $30, and her variable costs are $20 per box. She incurs $15,000 in fixed costs annually. How many snack boxes will Megan have to sell this year if she wants to earn $25,000 in operating income?

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter16: Tax Research
Section: Chapter Questions
Problem 64DNC
Question

Give me true answer this general accounting question

Megan Brooks started a business that designs and delivers custom
snack boxes to office employees. Megan sells each snack box for $30,
and her variable costs are $20 per box. She incurs $15,000 in fixed
costs annually.
How many snack boxes will Megan have to sell this year if she wants
to earn $25,000 in operating income?
Transcribed Image Text:Megan Brooks started a business that designs and delivers custom snack boxes to office employees. Megan sells each snack box for $30, and her variable costs are $20 per box. She incurs $15,000 in fixed costs annually. How many snack boxes will Megan have to sell this year if she wants to earn $25,000 in operating income?
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