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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 in order to achieve $60,000 of operating income?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9419027

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