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Okabee Enterprises is the distributor for two products, Model A100 and Model B900. Monthly sales and the contribution margin ratios for the two products follow:
Okabee Enterprises is the distributor for two products, Model A100 and Model B900. Monthly sales and the contribution margin ratios for the two products follow: Product Model A100 Model B900 Total $720,000 $280,000 $1,000,000 Sales Contribution margin ratio 65% 74% The company's fixed expenses total $591,500 per month. Required 1. Prepare a contribution format income statement for the company as a whole. (Round your percentage answers to 2 decimal places. Input all amounts as positive values except losses which should be indicated by minus sign.) Model A100 Amount Model B900 Amount Total Compan Amount (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) 2. Compute the break-even point in sales for the company based on the current sales mix. (Do not round
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