product x has a contribution margin of $18 (20% of the sales price) and product Y has a contribution margin of $37.50 (25% of the sales price). The total fixed costs for the year are $96250. The sales mix is 60% for product X and 40% Product Y. What is the breakeven number of units for product X and product Y? What is the total breakeven point in dollars?

product x has a contribution margin of $18 (20% of the sales price) and product Y has a contribution margin of $37.50 (25% of the sales price). The total fixed costs for the year are $96250. The sales mix is 60% for product X and 40% Product Y. What is the breakeven number of units for product X and product Y? What is the total breakeven point in dollars?

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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