Assume that Corn Co. sold 7,700 units of Product A and 2,300 units of Product B during the past year. The unit contribution margins for Products A and B are $34 and $58, respectively. Corn has fixed costs of $303,000. The break-even point in units is

Assume that Corn Co. sold 7,700 units of Product A and 2,300 units of Product B during the past year. The unit contribution margins for Products A and B are $34 and $58, respectively. Corn has fixed costs of $303,000. The break-even point in units is

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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Question

Assume that Corn Co. sold 7,700 units of Product A and 2,300 units of Product B during the past year. The unit contribution margins for Products A and B are $34 and $58,
respectively. Corn has fixed costs of $303,000. The break-even point in units is
Oa. 6,134 units
Ob. 9,200 units
Oc. 7,667 units
Od. 11,501 units

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