Problem
Steven Company has fixed costs of $385,034. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are as follows:
|
Product
|
Selling Price per Unit
|
Variable Cost per Unit
|
Contribution Margin per Unit
|
|
X
|
$976
|
$366
|
$610
|
|
Y
|
731
|
391
|
340
|
The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y.