Exercise 1: Problem on Cost Volume Profit relationships (3 marks) The following information is for Bentley Corporation: Product X: Selling Price $5 Variable Cost $2.5 Product Y: Selling Price $10 Variable Cost $5 Total fixed costs $50,000 Bentley Corporation is planning to sell 20,000 units of product X, and 10,000 units of product Y. Required: 1. Compute Bentley corporation Operating income (1 marks) 2. Compute the breakeven point in units, assuming that the planned sales mix is attained. (2 marks)