Multiple Choice
Patricia Company produces two products, X and Y, which account for 60% and 40%, respectively, of total sales dollars. Contribution margin ratios are 50% for X and 25% for Y. Total fixed costs are $120,000. What is Patricia's break-even point in sales dollars?
A) $300,000
B) $328,767
C) $342,856
D) $375,000
Correct Answer:
Verified
Correct Answer:
Verified
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