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XY Co . currently sells a single product, Product X . In a typical period selling Product X , the company reports revenue of $

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XY Co. currently sells a single product, Product X. In a typical period selling Product X, the company reports revenue of $50,000, variable costs of $0.64 per unit, total fixed costs of $21,000, and operating income of $9,000. The company is considering introducing a second product, Product Y, which will sell for $3 per unit. Variable costs for Product Y will be $1.08 per unit and the company's total fixed costs will increase by $15,600 if Product Y is introduced. The company expects to sell one unit of Product Y for every three units of Product x. If Product Y is introduced, then how much total revenue (i.e., combined revenue from Products x and Y) will he company need to earn to break even?
$60,000
$66,300
$80,000
$88,300
None of the above
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