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Steven Company has fixed costs of $161,364. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Selling Price Variable Cost Contribution Margin Product per unit per unit per unit $1,024 $384 $640 Y. 366 196 170 The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round answer to nearest whole number. units

Steven Company has fixed costs of $161,364. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Selling Price Variable Cost Contribution Margin Product per unit per unit per unit $1,024 $384 $640 Y. 366 196 170 The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round answer to nearest whole number. units

FINANCIAL ACCOUNTING
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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Steven Company has fixed costs of $161,364. 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 Variable Cost Contribution Margin per unit per unit per unit $1,024 $384 $640 366 196 170 The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round answer to nearest whole number. units
Transcribed Image Text:Steven Company has fixed costs of $161,364. 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 Variable Cost Contribution Margin per unit per unit per unit $1,024 $384 $640 366 196 170 The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round answer to nearest whole number. units
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