Rickers Inc. produces and sells two products. Data concerning those products for the most recent month appear below:

_________________Product O66C _____________Product V67G

Sales $42,000…………...$47,000…………………………………

Variable expenses……….$13,000…………………………..$28,830

The fixed expenses of the entire company were $38,960. The break-even point in sales dollars for the entire company is closest to: (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

$46,080

$38,960

$73,509

$80,790

Answer rating: 100% (QA)

Compute the contribution margin ratio as follows Hence the contribution margin ratio is 53 To comput... View the full answer