A company makes and sell two products, A and B. The company has total fixed costs of $800,000 and is applying a marginal costing system. The budgeted data for the period are as follows Sales Revenue Variable costs Product (units) ($) ($) A 2,000 9,000 6,000 B 3,000 12,000 7,500 Standard direct material cost for product B is 0.2 kg of Material X at $2 per kg. Actual results for the period: - 2,200 units of A and 2,900 units of B were produced and sold - Due to unexpected events on the market during the period, the average price for Material X was increased to $2.5 per kg, and it was decided to revised the material standard cost to allow for this. During the period, 2,900 units of B required 600 kg of Material X, which cost $1,300. Required: 1. Calculate the break-even point in terms of unit and revenue in case the company produces and sells both products. 2. Calculate the sales mix variance and the sales quantity variance 3. Calculate the materials planning and operational variances in as much detail as possible