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Lakers Company produces two products, X and Y. The following information is presented for both products: X Y Selling price per unit $46 $36 Variable
Lakers Company produces two products, X and Y. The following information is presented for both products: X Y Selling price per unit $46 $36 Variable cost per unit $38 $24 Total fixed costs are $234,000. Lakers Company plans to sell 21,000 units of product X and 7,000 units of product Y. Compute: a. Contribution margin for each product b. Current net income C. Break-even point in units of both X and Y if the sales mix is 3 units of X for every unit of Y d. Break-even volume in total dollars if the sales mix is 2 units of X for every 3 units of Y
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