Thorpe Company produces wireless phones. One model is the miniphone'a basic model that is very small and slim. The miniphone fits into a shirt pocket. Another model, the netphone, has a larger display and is Internet-ready. For the coming year, Thorpe expects to sell 200,000 miniphones and 600,000 netphones. A segmented income statement for the two products is as follows:

Required:
1. Compute the number of miniphones and netphones that must be sold to breakeven.
2. Using information only from the total column of the income statement, compute the sales revenue that must be generated for the company to breakeven.

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MiniphoneNetphone Total $5,000,000 S36,000,000 30,000,000 $2,600,000 S 6,000,000 960,000 S1,400000 S 5.040.000 S41,000,000 32,400,000 S 8,600,000 2,160,000 S 6,440,000 1,280,000 5,160,000 cs Less: Variable costs Less: Direct fixed costs Less: Common fixed costs 2,400,000 Contribution margin Segment margin Operating income 1,200,000