Jordan Company has fixed costs of $508,160. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $210 $140 $70 Zoro 160 100 60 The sales mix for products Yankee and Zoro is 40% and 60%, respectively. Determine the break-even point in units of Yankee and Zoro. a. Product Model Yankee fill in the blank 1 units b. Product Model Zoro fill in the blank 2 units
Jordan Company has fixed costs of $508,160. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $210 $140 $70 Zoro 160 100 60 The sales mix for products Yankee and Zoro is 40% and 60%, respectively. Determine the break-even point in units of Yankee and Zoro. a. Product Model Yankee fill in the blank 1 units b. Product Model Zoro fill in the blank 2 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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