Question:
Monte lone Images, a photography studio, sells two photo packages. The standard package has a contribution margin of $5, and the deluxe package has a contribution margin of $12. Monte lone sells five standard packages for every one deluxe package. If fixed expenses total $74,000, how many standard and deluxe packages must be sold to break even?
1. 14,800 standard; 6,167 deluxe
2. 4,353 standard; 4,353 deluxe
3. 9,280 standard; 2,300 deluxe
4. 10,000 standard; 2,000 deluxe