Patriot Co. manufactures and sells three products: red, white, and blue. Their unit selling prices are red, $65; white, $95; and blue, $120. The per unit variable costs to manufacture and sell these products are red, $50; white, $70; and blue, $90. Their sales mix is reflected in a ratio of 2:2:1 (red:white:blue). Annual fixed costs shared by all three products are $160,000. One type of raw material ha been used to manufacture all three products. The company has developed a new material of equal quality for less cost. The new material would reduce variable costs per unit as follows: red, by $7; white, by $17; and blue, by $7. However, the new material require new equipment, which will increase annual fixed costs by $30,000. Required: 1. Assume if the company continues to use the old material, determine its break-even point in both sales units and sales dollars of each individual product. (Round composite units up to next whole number.) 1. Determine its break-even point in both sales units and sales dollars of each individual product. Determine the selling price per composite unit. Total per composite unit Ratio Selling price per unit Red 2 White 2 Blue 1 Determine the variable costs per composite unit. Variable cost per unit Total per comp Ratio unit Red White Blue Determine the break-even point in composite unit. Choose Numerator: Choose Denominator: Break Even Units Break even units Determine its break-even point in units and sales dollars of each individual product. Number Number of composite units to break even. Units sales at the break-even point Dollar sales at the break-even point per composite unit Red White Blue