Question
Gold corporation produces two separate types of widgets -advanced and standard. Cost and pricing info is presented below. Use the cost and price info to
Gold corporation produces two separate types of widgets -advanced and standard. Cost and pricing info is presented below. Use the cost and price info to complete the question. Sales price: standard 75 advanced 130 Variable costs per unit standard 42 advanced 68 Fixed costs for year 750,000 Assume that gold Corp expects to sell 4 standard widgets every time they sell 1 advanced widget. For every 5 units sold 4 are standard and 1 is advanced, calculate the break even point in sales for gold Corp assuming they obtain the sales mix anticipated. Make sure to show all work
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