Power Budgeted Per Fanning Company produces two products. Budgeted annual income statements for the two products are provided as follows. Budgeted Budgeted Per Lite Total Number Unit Sales 190 @$590 Variable cost 190 Contribution margin 190 350= @240 = Fixed cost Amount Number Unit $112,100 760 (66,500) 760 45,600 760 (19,000) (296,400) Net income $ 26,600 129,200 (73,000) $ 56,200 Budgeted Budgeted Budgeted Amount Number Amount @$560 $425,600 950 $ 537,700 @390= @170- 950 (362,900) 950 174,800 (92,000) $ 82,800 Required: a. Based on budgeted sales, determine the relative sales mix between the two products. b. Determine the weighted-average contribution margin per unit. c. Calculate the break-even point in total number of units. d. Determine the number of units of each product Fanning must sell to break even. e. Verify the break-even point by preparing an income statement for each product as well as an income statement for the combined products. f. Determine the margin of safety based on the combined sales of the two products. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Based on budgeted sales, determine the relative sales mix between the two products. Relative percentage for Power Relative percentage for Lite