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Catfish Company produces two products, C and F, with the following characteristics: Product C Product F Selling price per unit $10 $15 Variable cost per

Catfish Company produces two products, C and F, with the following characteristics:

Product C

Product F

Selling price per unit

$10

$15

Variable cost per unit

$ 7

$10

Expected sales (units)

10,000

5,000

Total fixed costs for the company are $21,000.

REQUIRED (show your work):

What is the anticipated profit given the expected sales volume ?

If only product F were sold, how many units would be needed to break even ?

If only product C were sold, how many units would be needed to break even ?

If the product mix changed so that equal units of C and F were sold, what would be the new break-even point in total units?

Assuming the product mix would be the same at the break-even point, compute the break-even point (be sure to indicate the number of units of each product)

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