Steven Company has fixed costs of $215,642. 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 $784 $294 $490 Y 688 368 320 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. fill in the blank 1 units of X fill in the blank 2 units of Y
Steven Company has fixed costs of $215,642. 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 $784 $294 $490 Y 688 368 320 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. fill in the blank 1 units of X fill in the blank 2 units of Y
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Steven Company has fixed costs of $215,642. 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 | $784 | $294 | $490 |
Y | 688 | 368 | 320 |
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.
fill in the blank 1 units of X
fill in the blank 2 units of Y
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