Rooney Corporation sells products for $38 each that have variable costs of $17 per unit. Rooney's annual fixed cost is $493,500.RequiredUse the per-unit contribution margin approach to determine the break-even point in units and dollars.Break-even point in unitsBreak-even point in dollars

Contribution means the difference between the selling price and variable cost. Break even point…

Answered: Rooney Corporation sells products for…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Steven Company has fixed costs of $175,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are as follows: Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit $1,225 $674 $551 238 158 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. Round your intermediate calculations and final answers to the nearest whole number. units = X units Previous Next search 9:44 PM 53°F Cloudy #五 a. 12/6/2021 pause USE YOUR SMARTPHONE FOR Rovlews Videos Featurs

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Rooney Corporation sells products for $38 each that have variable costs of $17 per unit. Rooney's annual fixed cost is $493,500. Required Use the per-unit contribution margin approach to determine the break-even point in units and dollars. Break-even point in units Break-even point in dollars