Crazy Coconut LLC has two products:Jet Boats Ski Boats$8000 $22,000$4800 $18,000Sales price per unitVariable cost per unitAnnual fixed costs are $280,000.What is the break even amount in units, assuming that Crazy Coconut sells five jet boats forevery two ski boats sold? (Round any intermediate calculations to two decimal places, andyour final answer to the nearest unit.)O 12 jet boats and 7 ski boatsO 59 jet boats and 23 ski boatsO 7 jet boats and 12 ski boats23 jet boats and 59 ski boats

The break even point is the point at which total cost and total revenue are equal.

Answered: Crazy Coconut LLC has two products: Jet…

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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