Patricia Company produces two products, X and Y, which account for 60 percent and 40 percent, respectively, of total monetary sales. Contribution margin ratios are 50 percent for X and 25 percent for Y. Total fixed costs are £120,000. What is Patricia's break-even point in monetary sales?

Question

Quizplus · Accepted Answer

The Answer of Patricia Company produces two products, X and Y, which account for 60 percent and 40 percent, respectively, of total monetary sales. Contribution margin ratios are 50 percent for X and 25 percent for Y. Total fixed costs are £120,000. What is Patricia's break-even point in monetary sales?

Patricia Company Produces Two Products, X and Y, Which Account