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Gilpatric Corporation produces and sells two products. In the most recent month, Product Q71M had sales of $33,500 and variable expenses of $8,940. Product V04P had sales of $54,500 and variable expenses of $31,540. The fixed expenses of the entire company were $36,280.
The break-even point for the entire company is closest to: (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.)
$88,000
$67,185
$36,280
$42,551
Prepare income statements and vertical common-size balance sheets for both companies - Prepare ratio analyses
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