Cost-Volume-Profit (CVP) Analysis for Multi-Product Companies with Constraints: A manufacturing company produces two products, Product X and Product Y. The selling prices and variable costs per unit for each product are as follows:

Product X: Selling price $40, variable cost $20

Product Y: Selling price $60, variable cost $30

The company has a production capacity constraint of 10,000 units for Product X and 5,000 units for Product Y. Calculate the maximum contribution margin and net income the company can achieve given these constraints. Discuss how this analysis helps in optimizing product mix and resource allocation.