1) Last year Z Inc. sold 2 products. The sales for X product were $120,000 and variable costs were $90,000, the sales for Z product were $90,000 and variable costs were $54,000. What would fixed costs be for the company if they broke even during the year? What would fixed costs be if they had operating income of $10,000? chk fig 67,500

2) Required: Compute Fixed Cost.(chk fig 104,000) Selling price $50 Variable Cost $32 Last year Sales were $400,000 and operating income was $40,000.