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Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales...

Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $29,000 and variable expenses of $10,580. Product X96N had sales of $42,000 and variable expenses of $18,530. The fixed expenses of the entire company were $46,040. The break-even point for the entire company is closest to:

Multiple Choice

  • $41,890

  • $75,150

  • $78,034

  • $46,040

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Answer #1

Answer: $78,034 Workings: Sales Less: Variable expenses Contribution margin Less: Fixed expenses Net operating income (Loss)

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