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Madison Corporation sells three products (M, N, and O) in the following mix: 5:6:5. Unit price and cost data are: M N O Unit sales
Madison Corporation sells three products (M, N, and O) in the following mix: 5:6:5. Unit price and cost data are:
| M | N | O | ||||||
| Unit sales price | $ | 4 | $ | 6 | $ | 10 | ||
| Unit variable costs | 2 | 3 | 5 | |||||
Total fixed costs are $683,700. The break-even point in sales dollars for the current sales mix is:
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