Instructions Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDS and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDS and 4,500 equipment sets. Information on the two products is as follows: DVDS Equipment Sets Price Variable cost per unit Total fixed cost is $74,970. $8 4 $25 15 Suppose that in the coming year, the company plans to produce an extra-thick yoga mat for sale to health clubs. The company estimates that 9,000 mats can be sold at a price of $16 and a variable cost per unit of $10. Total fixed cost must be increased by $24,990 (making total fixed cost $99,960). Assume that anticipated sales of the other products, as well as their prices and variable costs, remain the same. Instructions Mul Part 1 Sales Mix Instructions and Part 2 Break-Even Che pilla- 1. What is the sales mix of DVDs, equipment sets, and yoga mats? 2. Compute the break-even quantity of each product. Pric Break-even DVDS Var Break-even equipment sets Tota Break-even yoga mats Sup that tota units units units St. Loutriction Matrein Rand and Part Margin of listety X X "tructions Part 1: Sales Mix Instructions and Part 2: Break-Even 1. Part 3a: Income Statement 3a. Prepare an income statement for Cherry Blossom Products for the coming year. Cherry Blossom Products Inc. Income Statement 2. Bre For the Coming Year Bre Br " Part 3a: Income Statement 0 X Part 3b Contribution Margin Ratio and Part 4. Margin of Safety c3b. What is the overall contribution margin ratio? Use the contribution margin ratio to compute overall break-even sales revenue. (Note: Round the contribution margin ratio to the nearest whole percent; round the break-even sales revenue to the nearest dollar.) Overall contribution margin ratio Overall break-even sales revenue 4. Compute the margin of safety for the coming year in sales dollars. %