The following data pertain to Phelps Company's two products: D Product X Product Y Sales in dollars $150,000 $100,000 Contribution margin ratio 26% 40% 6 If fixed expenses for the company as a whole are $55,000 and the product mix is constant, what would be the overall break-even point in sales dollars for the company? Percentages should be rounded to 3 decimals, i.e. 50.5%; final answer should be rounded to the nearest dollar) (3 marks) Chapter 4 Formulas for Mult-Product CVP 1. Multi-product break-even in total sales dollars = 2. Weighted-average CM (at current level of sales) = Fixed expenses Overall Contribution Margin Ratio Total contribution margin Total unit sales Fixed expenses 3. Multi-product break-even in unit sales = Weighted average contribution margin per unit 4. Multi-product dollar sales to attain target profit after taxes = Fixed expenses +[(Target after-tax operating profit)/(1-Tax rate) Overall contribution margin ratio