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Accounting

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.

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Accounting Basics, Accounting

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