Question: Problem 7 - 1 2 A firm is selling two products, chairs and bar stools, each at $ 5 5 per unit. Chairs have a

Problem 7-12
A firm is selling two products, chairs and bar stools, each at $55 per unit. Chairs have a variable cost of $30, and bar stools $20. Fixed cost for the firm is $21,000.
a. If the sales mix is 1:1(one chair sold for every bar stool sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round up your unit answers to the next whole number and round "Break-even point" to the nearest whole number.)
\table[[Break-even point,$42000
 Problem 7-12 A firm is selling two products, chairs and bar

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