Could someone please help me with the following question??!!
EC ltd produces and sells the following two products throughout the year in a constant mix.
Product X Product Y
Variable Costs $0.45 $0.60
Fixed Costs $1212000 per period
The management of EC has stated that total sales revenue will reach a maximum of $4000000 and is generated by the two products in the following proportions:
Product X Product Y
Variable cost per $ of Sales 70% 30%
the question is : Calculate the breakeven sales revenue required per period, based on the sales mix assumed above
i really cannot understand how to find out the contribution from here??? and i dnt get the sales mix they are talking about?? what does it mean??!! So could someone pls solve this...???!!
EC ltd produces and sells the following two products throughout the year in a constant mix.
Product X Product Y
Variable Costs $0.45 $0.60
Fixed Costs $1212000 per period
The management of EC has stated that total sales revenue will reach a maximum of $4000000 and is generated by the two products in the following proportions:
Product X Product Y
Variable cost per $ of Sales 70% 30%
the question is : Calculate the breakeven sales revenue required per period, based on the sales mix assumed above
i really cannot understand how to find out the contribution from here??? and i dnt get the sales mix they are talking about?? what does it mean??!! So could someone pls solve this...???!!
