Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information is for Alex Corp:Corporation: Product X: Revenue $15.00 Variable Cost $2.50 Product Y: Revenue $31.00 Variable Cost $6.00 Total fixed costs

The following information is for Alex Corp:Corporation: Product X: Revenue $15.00 Variable Cost $2.50 Product Y: Revenue $31.00 Variable Cost $6.00 Total fixed costs $72,500 What is the breakeven point assuming the sales mix consists of two units of Product X and one unit of Product Y? A. 2,900 units of Y and 1,450 units of X B. 1 units of Y and 5,800 units of X C. 1,450 units of Y and 2,900 units of X D. 1,169.5 units of Y and 2,339 units of X

Step by Step Solution

3.43 Rating (162 Votes )

There are 3 Steps involved in it

Step: 1

Sales mix Quantity ratio 2 1 Let break even units of X 2K Break ven ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial and Managerial Accounting

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

11th Edition

9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895

More Books

Students also viewed these Accounting questions