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

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.