Knotley Co. sells two products, Xand Y. Last year Knotley sold 14,000 units of X's and 21,000 units of Y's. Related data are: Unit Selling Price Unit Variable Unit contribution Product Price $110 70 Cost Margin $70 $40 50 $20 Assuming that last year's fixed costs totaled S588.000. What was Knotley Co.'s break-even point in units? OA. 35,000 units O B. 30,100 units OC.21,000 units O D. 14,000 units
Knotley Co. sells two products, Xand Y. Last year Knotley sold 14,000 units of X's and 21,000 units of Y's. Related data are: Unit Selling Price Unit Variable Unit contribution Product Price $110 70 Cost Margin $70 $40 50 $20 Assuming that last year's fixed costs totaled S588.000. What was Knotley Co.'s break-even point in units? OA. 35,000 units O B. 30,100 units OC.21,000 units O D. 14,000 units
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Knotley Co. sells two products, X and Y. Last year Knotley sold 14,000 units of X's and 21,000 units of Y's. Related data are:
Unit Selling Price
Unit Variable
Unit contribution
Product
Price
Cost
Margin
$40
$110
$70
Y
70
50
$20
Assuming that last year's fixed costs totaled $588,000. What was Knotley Co.'s break-even point in units?
O A. 35,000 units
O B. 30,100 units
OC. 21,000 units
O D. 14,000 units
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