value 0.00 points Susan Lo called her boss, Phil Takata, the vice president of sales at Jewel Clasps Corporation: "Phil, l'm not sure how to go about answering the questions that came up at the meeting with the CEO yesterday. "What's the challenge?" trouble figuring them out. leave in time for my follow-up meeting at 8:00 a.m. North Carolina. Data concerning these products appear below: The CEO wanted to know the break-even point for each of the company's products, but I am having "T'm sure you can handle it, Susan. And, by the way, I need your analysis on my desk tonight before you Jewel Clasps Corporation makes three different types of jewelry clasps in its manufacturing facility in Gold Silver Normal annual sales volume Unit selling price Variable expense per unit 120,000 $2.90 $2.03 221,000 420,000 $1.85 $0.74 $3.10 $1.24 Total fixed expenses are $902,000 per year without losing unacceptable numbers of customers work in process or finished goods inventories *TIP: To answer the questions below, it will be most helpful if you prepare segmented income statements All three products are sold in highly competitive markets, so the company is unable to raise its prices The company has an extremely effective lean production system, so there are no beginning or ending as illustrated in your textbook ( page 263) Required: 1. What is the company's over-all break-even point in dollar sales? (Round CM ratio to 4 decimal places and final answer to the nearest thousand dollars. For example round 0.64894 to 0.6489; and round 975,434 to 975,000) Break-even point in dollar sales 2. Of the total fixed expenses of $902,000, $60,900 could be avoided if the Gold product is dropped $223,200 if the Silver product is dropped, and $133,200 if the Copper product is dropped. The remaining fixed expenses of $484,700 consist of common fixed expenses such as administrative salaries and rent on the factory building that could be avoided only by going out of business entirely a. What is the break-even point in unit sales for each product? (Do not round intermediate calculations.) Velcro Metal on Break-even point in unit sales