Question
Assume the following information for two products, Hawaii Fantasy and Hawaii Joy. Hawaii Fantasy Hawaii Joy Sales mix 2 units 1 unit Selling price per
Assume the following information for two products, Hawaii Fantasy and Hawaii Joy. Hawaii Fantasy Hawaii Joy Sales mix 2 units 1 unit Selling price per unit $15 $100 Variable cost per unit $10 $40
Fixed expenses total $490,000 per year. What is the breakeven point in units for each product?
options:
14,000 units of Hawaii Fantasy and 7,000 units of Hawaii Joy | |
18,300 units of Hawaii Fantasy and 4,575 units of Hawaii Joy | |
7,000 units of Hawaii Fantasy and 14,000 units of Hawaii Joy | |
4,575 units of Hawaii Fantasy and 18,300 units of Hawaii Joy | |
none of the above. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started