Cost$-$Volume$-$Profit with Multiple Products, Sales Mix Changes, Changes in Fixed and Variable Costs Cost$-$Volume$-$Profit with Multiple Products, Sales Mix Changes, Changes in Fixed and Variable Costs

Common fixed costs $($fixed costs not traceable to either cabinet$)$ are $$35,000.$ Currently, for every three Grade I cabinets sold, seven Grade II cabinets are sold.

Required:

Note: Round your answers to the nearest whole number.

Calculate the number of Grade I and Grade II cabinets that are expected to be sold during the current year.

Grade I

$$ units

Grade II

$$ units

Calculate the number of Grade I and Grade II cabinets that must be sold for Artistic to break even.

Grade I

$$ units

Grade II

$$ units

Compute the effect on operating income.

$

X Increase

$$

Calculate the new break$-$even point. Assume the machines are purchased at the beginning of the sixth month. Fixed costs for the company are incurred uniformly throughout the year.

Grade I

$x$ units

Grade II

X units

Common fixed costs $($fixed costs not traceable to either cabinet$)$ are $$35,000.$ Currently, for every three Grade I cabinets sold, seven Grade II cabinets are sold.

Required:

Note: Round your answers to the nearest whole number.

Calculate the number of Grade I and Grade II cabinets that are expected to be sold during the current year.

Grade I

${\displaystyle \underset{\phantom{}}{\overset{\phantom{}}{}}}$ units

Grade II

$$ units

Calculate the number of Grade I and Grade II cabinets that must be sold for Artistic to break even.

Grade I

$$ units

Grade II

$$ units

Compute the effect on operating income.

$x$ Increase

$$

Calculate the new break$-$even point. Assume the machines are purchased at the beginning of the sixth month. Fixed costs for the company are incurred uniformly throughout the year.

Grade I

$x$ units

Grade II

X units