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Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Total fixed costs are $340,000. Unit price and cost data are
Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Total fixed costs are $340,000. Unit price and cost data are provided in the table below. What is the break-even point in composite units for the current sales mix (round to the nearest cent)?
QUESTION 16 3 points Save Answer Madison Corporation sells three products (M, N, and 0) in the following mix: 3:1 :2. Total fixed costs are $340,000. Unit price and cost data are provided in the table below. What is the break-even point in composite units for the current sales mix (round to the nearest cent)? Product M N 0 Unit sales price $7.00 $4.00 $6.00 Unit variable costs $300 $200 $300 0 17,000 0 20,000 0 102,000 0 51,000 0 34,000Step by Step Solution
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