Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows:

Product	Sales Price per Unit	Variable Cost per Unit
AA	$45	$35
BB	40	20
CC	30	5

Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $160,000 per year.

A. What are total variable costs for Morris with their current product mix?

Total variable costs $fill in the blank d0ce040b0fbff97_1

B. Calculate the number of units of each product that will need to be sold in order for Morris to break even.

	Number of Units per Product
AA		fill in the blank d0ce040b0fbff97_2
BB		fill in the blank d0ce040b0fbff97_3
CC		fill in the blank d0ce040b0fbff97_4

C. What is their break-even point in sales dollars?

Break-even point in sales $fill in the blank d0ce040b0fbff97_5

D. Using an income statement format, prove that this is the break-even point. If an amount is zero, enter "0".

Income Statement
Sales
Product AA	$fill in the blank 85c4510ac05cfd1_1
Product BB	fill in the blank 85c4510ac05cfd1_2
Product CC	fill in the blank 85c4510ac05cfd1_3
Total Sales	$fill in the blank 85c4510ac05cfd1_4
Variable Costs
Product AA	$fill in the blank 85c4510ac05cfd1_5
Product BB	fill in the blank 85c4510ac05cfd1_6
Product CC	fill in the blank 85c4510ac05cfd1_7
Total Variable Costs	$fill in the blank 85c4510ac05cfd1_8
Contribution Margin	$fill in the blank 85c4510ac05cfd1_9
Fixed Costs	fill in the blank 85c4510ac05cfd1_10
Net Income	$fill in the blank 85c4510ac05cfd1_11