ennedy Co. sells two products, Arks and Bins. Last year, Kennedy sold 32,000 units of Arks and 18,000 units of Bins. Related data are as follows: Unit Selling Unit Variable Unit Contribution Product Price Cost Margin Arks $ 80 $20 $60 Bins 120 40 80 Assuming that last year's fixed costs totaled $806,400, what was Kennedy's break-even point in units? a. 12,000 units b. 10,000 units c. 9,000 units d. 15,000 units Clear my choice

ennedy Co. sells two products, Arks and Bins. Last year, Kennedy sold 32,000 units of Arks and 18,000 units of Bins. Related data are as follows: Unit Selling Unit Variable Unit Contribution Product Price Cost Margin Arks $ 80 $20 $60 Bins 120 40 80 Assuming that last year's fixed costs totaled $806,400, what was Kennedy's break-even point in units? a. 12,000 units b. 10,000 units c. 9,000 units d. 15,000 units Clear my choice

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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What is the break-even point in sales units? (see attached)
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