Bryant Corporation manufactures two products: tables and chairs. It has the following cost structure:

Fixed costs per year: $$25$ million

Variable costs per table: $$100$

Variable costs per chair: $$40$

Tables sell for $$300$ each and chairs sell for $$80$ each. Currently, $70\%$ of Bryant$$s revenue $($in dollars$)$

comes from tables.

For $($a$),($b$)$ and $($c$),$ please carry your answer to two decimal places; i$.$e$.$ XX$.$XX$\%.$

a$)$ At its current product mix, what is Bryant$$s weighted$-$average contribution margin percentage?

b$)$ At its current product mix, what is Bryant$$s breakeven point in dollars?

c$)$ If Bryant wanted to achieve a breakeven point of $$38$ million in sales, assuming no change in its cost

structure or the selling price of either product, what weighted$-$average contribution margin percentage

would it need to achieve?

d$)$ What product mix would Bryant need to have in order to achieve the weighted$-$average contribution

margin percentage you found in $($c$)?$ Describe your product mix in terms of the percentage of

revenues, in dollars, from each product.