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Multiple Product Break-Even and Net Income Planning Madison Company manufactures and sells the following three products: Red Blue Green Unit sales 20,000 30,000 50,000 Unit

Multiple Product Break-Even and Net Income Planning Madison Company manufactures and sells the following three products: Red Blue Green Unit sales 20,000 30,000 50,000 Unit sales price $34 $66 $22 Unit variable cost $18 $38 $14 Assume that total fixed cost is $312,000. a. Compute the net income before income tax based on the sales volumes shown above. Red Blue Green Unit contribution margin Answer 16 Answer 28 Answer 8 Total contribution margin Answer 320,000 Answer 840,000 Answer 400,000 Net income before income tax $Answer 0 b. Compute the break-even point in total dollars of revenue and in specific unit sales volume for each product. Enter product mix answers in decimal form. Product Product Mix Contribution Margin per unit Weighted average

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