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Assume Mix Inc. has sales volume of $1306.000 for two products with May sales and contribution margin ratios as follows: Product A Sales $502000: Contribution

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Assume Mix Inc. has sales volume of $1306.000 for two products with May sales and contribution margin ratios as follows: Product A Sales $502000: Contribution Margin Ratio 30% Product Sales $804,000: Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $334,000. Calculate the May total contribution margin operating income, average contribution margin rato, and breakeven sales volume. (Round "Average contribution margin ratlo answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar.) Total contribution margin Operating income Average contribution margin ratio Breakeven sales volume 946

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