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M.K. Ltd. manufactures and sells a single product X whose selling price is ` 40 per unit and the variable cost is ` 16 per unit.
Question 1: For the next year, it is proposed to add another product line Y whose selling price would be ` 50 per unit and the variable cost ` 10 per unit. The total fixed costs are estimated at ` 6,66,600. The sales mix of X : Y would be 7 : 3. At what level of sales next year, would M.K. Ltd. break even? Give separately for both X and Y the break even sales in rupee and quantities.
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