Problem-
Mounts Corporation produces and sells two products. In the most recent month, Product I05L had sales of $31,000 and variable expenses of $10,780. Product P42T had sales of $44,000 and variable expenses of $18,470. And the fixed expenses of the entire company were $46,060. The break-even point in sales dollars for the entire company is closest to:
a. $75,508
b. $75,468
c. $46,060
d. $75,310
Additional Requirement-
The problem belongs to Basic Accounting and it discusses on evaluation of break-even point in sales.