Waterside Company Sells Two Products,Yellow Models and Striped Models

question 81

Multiple Choice

Waterside Company sells two products,Yellow models and Striped models.Yellow models sell for $50 per unit with variable costs of $30 per unit.Striped models sell for $60 per unit with variable costs of $25 per unit.Total fixed costs for the company are $20,000.Waterside Company typically sells one yellow model for every three striped models.What is the breakeven point in total units?

• A)640 units
• B)239 units
• C)941 units
• D)320 units

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Definitions:

Descriptive Measure

Statistical calculations that summarize or describe the characteristics of a set of data, including measures such as mean, median, and mode.

Population

The entire pool from which a statistical sample is drawn and to which we seek to generalize our results in a study.

Microwave Ovens

Electrical appliances that use microwave radiation to heat or cook food quickly through dielectric heating.

Parameter

A numerical characteristic of a statistical population, such as mean or standard deviation, that describes an aspect of the population.