Gilpatric Corporation Produces and Sells Two Products

question 133

Multiple Choice

Gilpatric Corporation produces and sells two products. In the most recent month, Product Q71M had sales of $28,000 and variable expenses of $7,840. Product V04P had sales of $49,000 and variable expenses of $27,580. The fixed expenses of the entire company were $34,630. The break-even point for the entire company is closest to:

• A)$70,050
• B)$64,130
• C)$34,630
• D)$42,370

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Definitions:

Win/Loss Sparklines

Win/Loss Sparklines in spreadsheet applications represent data trends and outcomes (win/loss) visually in a compact, word-sized format.

Positive Values

Numerical quantities greater than zero, indicating a magnitude or quantity in a specified direction.

Negative Values

Numbers less than zero, often representing deficits, decreases, or inverse quantities in various contexts, including mathematics and finance.

Legend

A key or explanation that helps decipher symbols, colors, or patterns used in charts, maps, or diagrams.