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Johnston Co. sells three products with the following sales and variable cost rates: Product 1 $12,000 61% Product 2 $19,000 45% Product 3 $8,000 70%

Johnston Co. sells three products with the following sales and variable cost rates:

Product 1

$12,000

61%

Product 2

$19,000

45%

Product 3

$8,000

70%

Assume that Johnston's total fixed costs are $9,000. Using the current sales mix, what is Johnston's break-even point?

$15,000
$30,000
$20,022
$16,364

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