A Company Produces Product 11 and Product 22

Multiple Choice

A company produces Product 11 and Product 22.Product 11 sells for $20 and has a contribution margin ratio of 60%.Product 22 sells for $30 and has a contribution margin ratio of 60%.This year the company sold 1,500 units of Product 11 and 2,500 units of Product 22.At the breakeven point, the company needs to sell 1,275 units of Product 11.What are the company's fixed costs?

A) $48,450
B) $32,130
C) $52,020
D) $53,550