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Island Novelties, Inc., of Palau makes two products --Hawaiian Fantasy and Tahitian Joy. Each product's selling price, variable expense per unit, and annual sales volume

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Island Novelties, Inc., of Palau makes two products --Hawaiian Fantasy and Tahitian Joy. Each product's selling price, variable expense per unit, and annual sales volume are as follows: Selling price per unit Variable expense per unit Number of units sold annually Hawaiian Fantasy Tahitian Joy $ 30 $ 100 $ 215 25 30,000 6,000 Fixed expenses total $652,800 per year. Assurning the sales mix given above, compute the company's break-even point in dollar sales. Also, compute its margin of safety in dollars and its margin of safety percentage. (Do not found your intermediate calculations. Round your "Margin of safety percentage" final answer to 1 decimal place (1.e 0.1234 should be entered as 12.3). Round your other final answers to the nearest whole dollar.) Break-even point in dollar sales Margin of safety in dollars Margin of safety percentage

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