Exercise 5-12 Break-Even and Target Profit Analysis [LO4, LO5, LO6]

Reveen Products sells camping equipment. One of the companys products, a camp lantern, sells for $120 per unit. Variable expenses are $84 per lantern, and fixed expenses associated with the lantern total $165,600 per month.

Required:
1.	Compute the companys break-even point in number of lanterns and in total sales dollars. (Omit the "$" sign in your response.)

Number of lanterns
Total sales dollars	$