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A company sells two products --J and K. The sales mix is expected to be $1 of sales of Product for every $3 of sales

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A company sells two products --J and K. The sales mix is expected to be $1 of sales of Product for every $3 of sales of Product K. Product J has a contribution margin ratio of 40% whereas Product K has a contribution margin ratio of 50%. Annual fixed expenses are expected to be $120,000. The overall break-even point for the company in dollar sales is expected to be closest to: Multiple Choice o o $196,000 o O $200,000 o O $263,420

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