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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)
7,000
5,000
Total fixed costs for the company are $20,000.
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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