Question: 8 Carmine's Closet Organizers sells two models - a basic closet organizer and a deluxe closet organizer. Information about the two models is provided below:

8 Carmine's Closet Organizers sells two models - a basic closet organizer and a deluxe closet organizer. Information about the two models is provided below: Revenues: Variable Cost: Contribution Margin: Basic Model $1,750,000 $1,400,000 $350,000 Deluxe Model $750,000 $525,000 $225,000 If the firm incurs a total fixed cost of $400,000, how much revenue does the firm have to collect to break even? Round your answer to the nearest whole dollar amount

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