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A firm sells two products. Product X sells for $12; its variable cost is $4. Product Y sells for $25; its variable cost is $15.

A firm sells two products. Product X sells for $12; its variable cost is $4. Product Y sells for $25; its variable cost is $15. Product X accounts for 45 percent of the firm's sales, while Y accounts for 55 percent. The firm's fixed costs are $340,000 annually. Calculate the firm's break-even point in dollars.

a.

$619872.38

b.

$651965.48

c.

619872.38 units

d.

$621,572

e.

651965.48 units

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