Business, 30.03.2020 21:50 asalimanoucha2v

A company sells two products--J and K. The sales mix is expected to be $1 of sales of Product J for every $3 of sales of Product K. Product J has a contribution margin ratio of 40% whereas Product K has a contribution margin ratio of 50%. Annual fixed expenses are expected to be $120,000. The overall break-even point for the company in dollar sales is expected to be closest to:

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A company sells two products--J and K. The sales mix is expected to be $1 of sales of Product J for...

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