Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Steven Company has fixed costs of $180,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products
Steven Company has fixed costs of $180,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are as follows:
Product | Selling Price per Unit | Variable Cost per Unit | Contribution Margin per Unit |
X | $1,200 | $660 | $540 |
Y | 396 | 238 | 158 |
The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round your intermediate calculations and final answers to the nearest whole number.
X = fill in the blank 1 units |
Y = fill in the blank 2 units |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started