Assume that a music store sells four types of electric guitars: Telecaster, Stratocaster,

Jaguar, and Jazzmaster. The music store has monthly fixed costs of $$222,500$ and sells $3$

Telecasters for every Stratocaster, $2$ Stratocasters for every Jaguar, and $2$ Jaguars for

every Jazzmaster. The product information is presented below:

Determine the contribution margin for each electric guitar.

Determine the average contribution margin for the sales mix.

Determine the number of Stratocasters sold at the monthly break$-$even point.