Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Contribution Margin Product Selling Price per Unit Variable Cost per Unit per Unit $180 $100 $80 Y 100 60 40 The sales mix for product X and Y is 60% and 40%, respectively. Determine (a) the selling price for the overall product e (b) the variable cost per unit for the overall product e (c) the contribution margin for the overall product e (d) the break-even units for the overall product e (e) how many of product X would be sold at the break-even point () how may of product Y would be sold at the break-even point

Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Contribution Margin Product Selling Price per Unit Variable Cost per Unit per Unit $180 $100 $80 Y 100 60 40 The sales mix for product X and Y is 60% and 40%, respectively. Determine (a) the selling price for the overall product e (b) the variable cost per unit for the overall product e (c) the contribution margin for the overall product e (d) the break-even units for the overall product e (e) how many of product X would be sold at the break-even point () how may of product Y would be sold at the break-even point

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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