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This question is worth 4 points Extra Credit: At Fantasy Fixtures Co., sales for lamps and wall-lights are projected to be 10,000 units and 20,000
This question is worth 4 points Extra Credit: At Fantasy Fixtures Co., sales for lamps and wall-lights are projected to be 10,000 units and 20,000 units, respectively. The contribution margins for the two products are $6 and $9 per unit, respectively. Fixed costs for the company are $180,000. How many of each product must the company sell to break even?
a. 7,500 lamps and 15,000 wall-lights | ||
b. 10,000 lamps and 20,000 wall-lights | ||
c. 20,000 lamps and 40,000 wall-lights | ||
d. 5,000 lamps and 10,000 wall-lights |
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