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ennedy Co. sells two products, Arks and Bins. Last year, Kennedy sold 32,000 units of Arks and 18,000 units of Bins. Related data are as follows:     Unit Selling Unit Variable Unit Contribution   Product Price Cost Margin   Arks $ 80 $20   $60   ​ Bins  120   40     80     ​  Assuming that last year's fixed costs totaled $806,400, what was Kennedy's break-even point in units? a. 12,000 units b. 10,000 units c. 9,000 units d. 15,000 units   Clear my choice

ennedy Co. sells two products, Arks and Bins. Last year, Kennedy sold 32,000 units of Arks and 18,000 units of Bins. Related data are as follows:     Unit Selling Unit Variable Unit Contribution   Product Price Cost Margin   Arks $ 80 $20   $60   ​ Bins  120   40     80     ​  Assuming that last year's fixed costs totaled $806,400, what was Kennedy's break-even point in units? a. 12,000 units b. 10,000 units c. 9,000 units d. 15,000 units   Clear my choice

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 14MC: A company produces two products. E and F in batches of 100 units. The production and cost data are:...
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Kennedy Co. sells two products, Arks and Bins. Last year, Kennedy sold 32,000 units of Arks and 18,000 units of Bins. Related data are as follows:
 

 

Unit Selling

Unit Variable

Unit Contribution

 

Product

Price

Cost

Margin

 

Arks

$ 80

$20

  $60

 

​

Bins

 120

  40

    80

 

 

​

 Assuming that last year's fixed costs totaled $806,400, what was Kennedy's break-even point in units?

a.
12,000 units
b.
10,000 units
c.
9,000 units
d.
15,000 units
 
Clear my choice
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