Multiple Choice
Ruben is a travel agent. He intends to sell his customers a special round-trip airline ticket package. He is able to purchase the package from the airline for $140 each. The round-trip tickets will be sold for $230 each and the airline intends to reimburse Ruben for any unsold ticket packages. Fixed costs include $5,500 in advertising costs. How many ticket packages will Ruben need to sell in order to achieve $60,000 of operating income?
A) 62 packages
B) 667 packages
C) 285 packages
D) 728 packages
Correct Answer:
Verified
Correct Answer:
Verified
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