Question
Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N O Unit sales
Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are:
| M | N | O | ||||||
| Unit sales price | $ | 15 | $ | 10 | $ | 16 | ||
| Unit variable costs | 8 | 7 | 14 | |||||
Total fixed costs are $448,000. The break-even point in composite units for the current sales mix (round to the nearest unit) is:
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Modern Auditing
Authors: William C. Boynton, Walter G. Kell
6th Edition
0471596876, 9780471596875
