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	$55	$25
BB	40	10
CC	30	5

Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $377,000 per year.

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

Total variable costs $fill in the blank 5e6d22fb3f8e00c_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 5e6d22fb3f8e00c_2
BB		fill in the blank 5e6d22fb3f8e00c_3
CC		fill in the blank 5e6d22fb3f8e00c_4

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

Break-even point in sales $fill in the blank 5e6d22fb3f8e00c_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
Product BB	fill in the blank
Product CC	fill in the blank
Total Sales	$fill in the blank
Variable Costs
Product AA	$fill in the blank
Product BB	fill in the blank
Product CC	fill in the blank
Total Variable Costs	$fill in the blank
Contribution Margin	$fill in the blank
Fixed Costs	fill in the blank
Net Income	$fill in the blank