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A company sells two products: X and Y. Last year, the company sold 5,000 units of X and 35,000 units of Y. Data related to the products are as follows: Unit Unit Unit Product Selling Variable Contribution Price Cost Margin $110 $70 $40 70 50 20 X Y Assuming last year's fixed costs totaled $675,000, the company's break-even point in units was: 30,100 units 16,875 units 11,250 units 30,000 units

A company sells two products: X and Y. Last year, the company sold 5,000 units of X and 35,000 units of Y. Data related to the products are as follows: Unit Unit Unit Product Selling Variable Contribution Price Cost Margin $110 $70 $40 70 50 20 X Y Assuming last year's fixed costs totaled $675,000, the company's break-even point in units was: 30,100 units 16,875 units 11,250 units 30,000 units

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company sells two products: X and Y. Last year, the company sold 5,000 units of X and 35,000 units of Y. Data related to the products are as follows: Unit Unit Unit Product Selling Variable Contribution Price Cost Margin $110 $70 $40 70 50 20 X Y Assuming last year's fixed costs totaled $675,000, the company's break-even point in units was: 30,100 units 16,875 units 11,250 units 30,000 units
Transcribed Image Text:A company sells two products: X and Y. Last year, the company sold 5,000 units of X and 35,000 units of Y. Data related to the products are as follows: Unit Unit Unit Product Selling Variable Contribution Price Cost Margin $110 $70 $40 70 50 20 X Y Assuming last year's fixed costs totaled $675,000, the company's break-even point in units was: 30,100 units 16,875 units 11,250 units 30,000 units
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