A company sells two different products with the following average monthly revenues and costs over the past
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Question:
A company sells two different products with the following average monthly revenues and costs over the past year:
Product A
Sales quantity 10,000 units
Price per unit $12
Contribution margin percentage 30%
Product B
Sales quantity 20,000 units
Price per unit $4
Contribution margin percentage 40%
Fixed costs are $306,000.
What is the company's break even point, assuming a constant product mix?
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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