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Crabtree Inc Three-Fourths of the Products Sold Are Gizmos and One-Fourth Are

question 7

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Crabtree Inc.produces two types of products - Gizmos and Gadgets.The following information is available related to each product:
 Gizmos  Gadgets Sales price per unit $80$50 Variable costs per unit 3622\begin{array}{lrrr} & \underline{\text { Gizmos } }& \underline{\text { Gadgets} } \\\text { Sales price per unit }& \$ 80 & \$ 50 \\\text { Variable costs per unit } & 36 & 22\end{array}
Three-fourths of the products sold are Gizmos and one-fourth are Gadgets.If total fixed costs are $50 000,how many total units need to be sold in order for the company to break even?


Definitions:

Label

A categorization or identification given to a data point or variable in research or data analysis.

Vertical Axis

The y-axis on a graph or chart, which is typically used to display the dependent variable in a data set.

Y-axis

The vertical axis in a graph or chart, typically used to represent the variable being measured or observed.

Graph

A visual representation of data designed to communicate information clearly and efficiently.

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