Benson Company produces two products. Budgeted annual income statements for the two products are provided as follows. Power Lite Total Budgeted Per Budgeted Budgeted Per Budgeted Budgeted Budgeted Number Unit Amount Number Unit Amount Number Amount Sales 170 @$ 540 - $ 91,800 680 @$ 480 - $ 326,400 850 $ 418,200 Variable cost 170 @ 330 - (56,100) @ 340 - (231, 2ee) Contribution margin (287,380) 170 @ 210 - 35,700 680 @ 140 - 95, 20e 850 130,900 Fixed cost (16,000 (68,780) (84,700) Net income $ 19,700 $ 26, See $ 46,200 680 850 Required: a. Based on budgeted sales, determine the relative sales mix between the two products. b. Determine the weighted average contribution margin per unit. c. Calculate the break-even point in total number of units. d. Determine the number of units of each product Benson must sell to break even. e. Verify the break-even point by preparing an income statement for each product as well as an income statement for the combined products. f. Determine the margin of safety based on the combined sales of the two products. Next > Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Required F Based on budgeted sales, determine the relative sales mix between the two products. % Relative percentage for Power Relative percentage for Lite % e. products. f. Determine the margin of safety based on the combined sales of the two products. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Determine the weighted-average contribution margin per unit. Weighted average contribution margin per unit products. f. Determine the margin of safety based on the combined sales of the two product Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Calculate the break-even point in total number of units. Break-even point units Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Determine the number of units of each product Benson must sell to break even. units Required sales for Power Required sales for Lite units Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Required F Verify the break-even point by preparing an income statement for each product as well as an income statement for the combined products Power Lite Total Sales Variable costs Contribution margin Fixed cost Net income (Loss) here to search Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Determine the margin of safety based on the combined sales of the two products. (Ro (i.e., 0.234 should be entered as 23.4)) Margin of safety %
