Question Content Area Steven Company has fixed costs of $271,352. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit X $832 $312 $520 Y 624 334 290 The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number.
Question Content Area Steven Company has fixed costs of $271,352. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit X $832 $312 $520 Y 624 334 290 The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Steven Company has fixed costs of $271,352. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below.
Product | Selling Price per Unit | Variable Cost per Unit | Contribution Margin per Unit |
X | $832 | $312 | $520 |
Y | 624 | 334 | 290 |
The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number.
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