Castle Corporation The Following Questions Are Based on the Following Data Pertaining

question 9

Essay

Castle Corporation
The following questions are based on the following data pertaining to two types of products manufactured by Castle Corporation:

	Per unit
	Sales price	Variable costs
Product Y	$120	$ 70
Product Z	$500	$200

Fixed costs total $300,000 annually.The expected mix in units is 60 percent for Product Y and 40 percent for Product Z.
Refer to Castle Corporation.How much is Castle's break-even point sales in units?

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Definitions:

Minimum Wage Law

Legislation that sets the lowest hourly wage rate that employers can legally pay their workers.

Employment

The condition of having paid work or the process of hiring someone for a job.

Workers

Individuals engaged in any form of employment, contributing labor for the production of goods and services.

Profit-Maximizing Quantity

The level of production at which a company achieves the highest possible profit, determined by the point where marginal cost equals marginal revenue.