French Publishers, Inc. of New Albany, Indiana sells two books, Basic Financial Accounting (BFA) and Basic Managerial Accounting (BMA). Present revenue, cost, and sales data for the two products are:

BFA BMA

Units sold 4,000 2,000

Selling price per book. $200 $250

Variable expenses per unit. $150 $225

Fixed expenses total $500,000 annually.

What is the breakeven point in total sales dollars (for both products), assuming the same sales mix of product sold (select the closest answer)?

$1,800,000

$2,000,000

$2,600,000

$2,200,000

None of the Above