Students are organizing a "Battle of the Bands" contest. They know that at least 100 people will attend. The rental fee for the hall is $150 and the winning band will receive $500. In order to guarantee that they break even,

Jackson Manufacturers has provided the following information regarding the two products that it sells

Jet Boats Ski Boats Sales price per unit $10,000 $24,000 Variable cost per unit $4,800 $18,000 Annual fixed costs are $300,000. How many units must be sold in order for Jackson to break even, assuming that Jackson sells five jet boats for every two ski boats sold? (Round any intermediate calculations to two decimal places, and your final answer to the nearest unit.) A) 7 jet boats and 8 ski boats B) 39 jet boats and 16 ski boats C) 16 jet boats and 39 ski boats D) 8 jet boats and 7 ski boats

When Craig purchased a VTech wireless mobile phone, he was able to mail in a proof-of-purchase and his cash register receipt to receive a cheque from VTech for $20. What did Craig receive?

a. a functional discount b. a rebate c. a purchase allowance d. a trade allowance