Suppose Elon Musk Ltd. That produces and sells two products. The X space sells for 5 $ and has a total Variable cost of 2.5 $ per unit. While Tesla sells for $10 per unit and the total variable cost is 5.5 $ per unit. The marketing department of Elon Musk Ltd has estimated for every ten units of X space sold five units of Tesla will be sold. The company's fixed costs total $ 40,000. Required: What is the total Breakeven points revenue? Show all your calculations.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Question 1: 0: B1, C1, D3
Suppose Elon Musk Ltd. That produces and sells two products. The X space sells for 5 $ and has
a total Variable cost of 2.5 $ per unit. While Tesla sells for $10 per unit and the total variable
cost is 5.5 $ per unit. The marketing department of Elon Musk Ltd has estimated for every ten
units of X space sold five units of Tesla will be sold. The company's fixed costs total $ 40,000.
Required: What is the total Breakeven points revenue? Show all your calculations.
Transcribed Image Text:Question 1: 0: B1, C1, D3 Suppose Elon Musk Ltd. That produces and sells two products. The X space sells for 5 $ and has a total Variable cost of 2.5 $ per unit. While Tesla sells for $10 per unit and the total variable cost is 5.5 $ per unit. The marketing department of Elon Musk Ltd has estimated for every ten units of X space sold five units of Tesla will be sold. The company's fixed costs total $ 40,000. Required: What is the total Breakeven points revenue? Show all your calculations.
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