Franklin 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 100 @ $ 600 = $ 60,000 900 @ $ 560 = $ 504,000 1,000 $ 564,000 Variable cost 100 @ 320 = (32,000) 900 @ 430 (387,000) 1,000 (419,000) Contribution margin 100 @ 280 28,000 900 @ 130 = 117,000 1,000 145,000 Fixed cost (11,000) (90,500) (101,500) Net income $ 17,000 $ 26,500 $ 43,500 = 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 Franklin 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. Complete this question by entering your answers in the tabs below. Required A Required B Required C 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 % Required A Required B > 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 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. (Round your answer to 1 decimal place. (i.e., 0.234 should be entered as 23.4)) Margin of safety %