Ingrum Corporation Produces and Sells Two Products

Multiple Choice

Ingrum Corporation produces and sells two products. In the most recent month, Product R38T had sales of $29,500 and variable expenses of $8,140. Product X08S had sales of $50,500 and variable expenses of $39,860. The fixed expenses of the entire company were $35,080.The break-even point for the entire company is closest to:

A) $80,000
B) $87,700
C) $35,080
D) $24,672