Multiple-Product Break-even, Break-Even Sales Revenue Andrews Sporting Goods, Inc., produces and sells children's softball mitts: vinyl mitts and basic leather mitts. Last year, Andrews sold 24,000 vinyl mitts and 12,000 leather mitts. Information on the two products is as follows: Total fixed cost is $101,500. Suppose that in the coming year, the company plans to produce an autographed mitt. The company estimates that 6,000 autographed mitt can be sold at a price of $21 and a variable cost per unit of $10. Total fixed cost must be increased by $33,830 (making total fixed cost $135,330). Assume that anticipated sales of the other products, as well as their prices and variable costs, remain the same. Part 3b: Contribution Margin Ratio and Part 4: Margin of Safety Round the contribution margin ratio to the nearest whole percent; round the break-even sales revenue to the nearest dollar 4. Compute the margin of safety for the coming year in sales dollars. Feedback Check My Work 3b. Divide total contribution margin by sales. Divide total fixed costs by contribution margin ratio. 4. Compute the difference between expected sales and break-even sales. Part 1: Sales Mix Instructions and Part 2: Break-Even 1. What is the sales mix of vinyl mitts, leather mitts, and autographed mitts? 2. Compute the break-even quantity of each product. (Round break-even packages to four significant digits and break-even to the nearest whole unit.)