ABC and CVP Analysis: Multiple Products Good Scent, Inc., produces two colognes: Rose and Violet. of the two, Rose is more popular. Data concerning the two products follow: Rose Violet Expected sales 51,500 10,300 (in cases) Selling price per $ $101 582 case Direct labor 37,900 5,500 hours Machine hours 10,950 2,500 Receiving orders 52 26 Packing orders 96 46 Material cost per $51 545 case Direct labor cost 58 $6 per case The company uses a conventional costing system and assigns overhead costs to products using direct labor hours. Annual overhead costs follow. They are classified as fixed or variable with respect Fixed Variable Direct labor $ $208,320 benefits Machine costs 201,500 269,080 Receiving 211,500 department Packing 104,500 department Total $517,500 $477,400 costs direct labor hours. * All depreciation Required: 1. Using the conventional approach, compute the number of cases of Rose and the number of cases of Violet that must be sold for the company to break even. In your computations, round variable unit cost to the nearest cent and round the number of break-even packages to the nearest whole number. Break-even cases of Rose Break-even cases of Violet 2. Using an activity-based approach, compute the number of cases of each product that must be sold for the company to break even. In your computations, round all computed amounts to the nearest cent and break-even packages to the nearest whole number Break-even cases of Rose Break-even cases of Violet