Question - The Euro Company sells two kinds of luggage. The company projected the following cost information for the two products:
|
Canister Bag
|
Tote bag
|
Unit selling price
|
$250
|
$120
|
Unit variable cost
|
$110
|
$ 80
|
Number of units produced and sold
|
6,000
|
4,000
|
The company's total fixed costs are expected to be $280,000. Based on this information, what is the combined number of units of the two products that would be required to breakeven?