12. Question 12 of 200 Save You did not teceive ful crede for this questonin a previous atom came up the meeting with the president yesterday the rm not sure how to go about answering he questions The president wanted to know the break-even point for each of the companys products, but I am having erm sure you can handle r, Cheryl. And, the way, I need your a Piedmont Fasteners Corporation makes three d clothing fasteners in trouble figuring them out manufacturing facity in North Carolina. Data oonoaming these products appear below: Normal annual sales volume Variable expense per unit Total fixed expenses are S400,000 per year All three products are sold in highly competitive markets, so the company isunable to raise its proes without losing unacooptable numbers of oustomers. The company has an extremely effective lean producton system, so there are no beginning orendng work in process or finished poodsimentones. 1. What is the company's overall break even point in dolar sales? (Round CM ratio to 4 decimal places and nnat answer to the nearest thousand dolars)