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Please answer all parts Part 1 Abilene Industries manufactures and sells three products (XX, YY, and ZZ). The sales price and unit variable cost for
Please answer all parts
Part 1 Abilene Industries manufactures and sells three products (XX, YY, and ZZ). The sales price and unit variable cost for the three products are as follows: Product Sales Price per Unit $ 75 $ 60 XX Variable Cost per Unit $ 45 $ 25 $ 15 ZZ $ 55 Their sales mix is reflected as a ratio of 4:2:1. Annual fixed costs shared by the three products are $345,000 per year. ni mi Requirements: 1. Calculate the number of units of each product that will need to be sold in order for Abilene to break even. What is their break-even point in sales dollars? Using an income statement in contribution margin format, prove that this is the break-even point. 4. What are total variable costs and total contribution margin for Abilene, with their current product mix, at the break-even pointStep by Step Solution
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