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Question - Steven Company has fixed costs of $192,864. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below.
Product
Selling Price per unit
Variable Cost per unit
Contribution Margin per unit
X
$1,120
$420
$700
Y
387
207
180
The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined.
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