Steven Company has fixed costs of $450,840. 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 $1,392 $522 $870 Y 301 161 140 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. _________________units of X _________________ units of Y
Steven Company has fixed costs of $450,840. 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 $1,392 $522 $870 Y 301 161 140 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. _________________units of X _________________ units of Y
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Steven Company has fixed costs of $450,840. 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 | $1,392 | $522 | $870 |
Y | 301 | 161 | 140 |
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.
_________________units of X
_________________ units of Y
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