1000 points Cheryl Montoya picked up the phone and called her boss. Wes Chan, the vice president of marketing at Pledmont Fasteners Corporation: Wes. I'm not sure how to go about answering the questions that came up at the meeting with the president yesterday Whats the problem? The president wanted to know the break-even point for each of the company's products, but I am having trouble figuring them out" Tm sure you can handle it Cheryl And by the way. I need your analysis on my desk tomorrow morning at 8:00 sharp in time for the follow-up meeting at 9.00. Tom sure you can handet. Cheryl. And by the way, I need your analysis on my desk tomorrow morning at 8:00 sharp in time for the follow-up meeting at 9.00 Velcro We Nylon 119.00 214.000 302.000 3 1.90 $ 180 1.00 30 5 70 Totalford expenses are 5274 000 per year. All three products are sold in highly competitive markets, so the company is unable to raise its prices without losing unacceptable numbers of customers. The company has an erremely efective lean production system, so there are no beginning or ending work in process or finished goods inventories Required 1 What is the company's overal break-even point in dollar sales? (Round CM ratio to 4 decimal places and final answer to the nearest whole dollar) 2 of the total ford expenses of S274.000.531,130 could be avoided if the Velcro product is dropped, 5109,900 & the Metal product is dropped, and 560.000 i the Nylon product is dropped. The remaining foxed expenses of 572,070 consist of common foxed expenses such as administrative salaries and rent on the factory building that could be avoided only by going out of business entirely a What is the break-even point in unt sales for each product? (Do not round intermediate calculations.) Velcro Meta Nylon the company sets at the break even quantity of each product, what will be the overall profit of the company? (Do not round intermediate calculations) 1000 points Cheryl Montoya picked up the phone and called her boss. Wes Chan, the vice president of marketing at Pledmont Fasteners Corporation: Wes. I'm not sure how to go about answering the questions that came up at the meeting with the president yesterday Whats the problem? The president wanted to know the break-even point for each of the company's products, but I am having trouble figuring them out" Tm sure you can handle it Cheryl And by the way. I need your analysis on my desk tomorrow morning at 8:00 sharp in time for the follow-up meeting at 9.00. Tom sure you can handet. Cheryl. And by the way, I need your analysis on my desk tomorrow morning at 8:00 sharp in time for the follow-up meeting at 9.00 Velcro We Nylon 119.00 214.000 302.000 3 1.90 $ 180 1.00 30 5 70 Totalford expenses are 5274 000 per year. All three products are sold in highly competitive markets, so the company is unable to raise its prices without losing unacceptable numbers of customers. The company has an erremely efective lean production system, so there are no beginning or ending work in process or finished goods inventories Required 1 What is the company's overal break-even point in dollar sales? (Round CM ratio to 4 decimal places and final answer to the nearest whole dollar) 2 of the total ford expenses of S274.000.531,130 could be avoided if the Velcro product is dropped, 5109,900 & the Metal product is dropped, and 560.000 i the Nylon product is dropped. The remaining foxed expenses of 572,070 consist of common foxed expenses such as administrative salaries and rent on the factory building that could be avoided only by going out of business entirely a What is the break-even point in unt sales for each product? (Do not round intermediate calculations.) Velcro Meta Nylon the company sets at the break even quantity of each product, what will be the overall profit of the company? (Do not round intermediate calculations)