Hayes Company operated at normal capacity during the current year, producing 50,500 units of its single product. Sales totaled 24,500 units at an average price of $21.90 per unit. Variable manufacturing costs were $10.20 per unit, and variable marketing costs were $8.60 per unit sold. Fixed costs were incurred uniformly throughout the year and amounted to $155,200 for manufacturing and $58,400 for marketing. What is Hayes break-even point in units for the current year?
Hayes Company operated at normal capacity during the current year, producing 50,500 units of its single product. Sales totaled 24,500 units at an average price of $21.90 per unit. Variable manufacturing costs were $10.20 per unit, and variable marketing costs were $8.60 per unit sold. Fixed costs were incurred uniformly throughout the year and amounted to $155,200 for manufacturing and $58,400 for marketing. What is Hayes break-even point in units for the current year?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Hayes Company operated at normal capacity during the current year, producing
50,500 units of its single product. Sales totaled 24,500 units at an average price of
$21.90 per unit. Variable manufacturing costs were $10.20 per unit, and variable
marketing costs were $8.60 per unit sold.
Fixed costs were incurred uniformly throughout the year and amounted to
$155,200 for manufacturing and $58,400 for marketing.
What is Hayes break-even point in units for the current year?
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