Browning Company sells a mix of three related products. Total fixed costs are $144,000. The following additional information is available for Browning Company. 
Use the weighted average method to determine the company's break-even point for composite units.
Definitions:
Hostile Takeovers
Hostile takeovers occur when one company tries to acquire another without the consent or cooperation of the target company's management or board.
Targeted Share Repurchases
Also known as greenmail, occurs when a company selectively buys back stock from a potential acquirer at a price that is higher than the market price. In return, the potential acquirer agrees not to attempt to take over the company.
Cumulative Voting
A voting system used in elections, where shareholders multiply the number of shares they own by the number of director positions available to get their total number of votes.
Corporate Governance
The set of rules that controls a company's behaviour toward its directors, managers, employees, shareholders, creditors, customers, competitors, and community.
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