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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):
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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