Matrix Co. manufactures and sells two models of cellphone. model 1 sells for $20; its...

60.1K

Verified Solution

Question

Finance

Matrix Co. manufactures and sells two models of cellphone. model 1 sells for $20; its variable cost is $6. model 2 sells for $50; its variable cost is $30. model 1 accounts for 60 percent of the firm's volume, while model 2 accounts for 40 percent. The companys overhead and administrative costs are fixed at $4,000,000 annually. Calculate the company's break-even point in units.

Note: Keep at least one decimal point for your intermediate calculations.

Round your final answer to a whole number.

Do not put a comma (,) in your answer.

Answer: =Answer (round to a whole number)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students