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Gogan Company manufactures and sells two products: Basic and Deluxe. Monthly sales. CM ratios. and the CM per unit for the two products are shown

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Gogan Company manufactures and sells two products: Basic and Deluxe. Monthly sales. CM ratios. and the CM per unit for the two products are shown below: Product Basic Deluxe Total Sales ................................. $600,000 $400,000 31.000300 Contribution margin ratio ............. 60% 35% ? Contribution margin per unit .......... $9.00 $1150 ? The company's xed expenses total $400,000 per month. Required.- 1. Prepare a contribution format income statement for the company as a whole. 2. Compute the overall break-even point in dollars for the company based on the current sales mix

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