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PRACTICE PROBLEM Puleva Milenario SA, a com and sells two models of luxuriously finished cutlery-Alvaro an Present revenue, cost, and unit All currency amounts are

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PRACTICE PROBLEM Puleva Milenario SA, a com and sells two models of luxuriously finished cutlery-Alvaro an Present revenue, cost, and unit All currency amounts are stated in terms of euros pany located in Toledo, Spain, manufactures sales data for the two products. Selling price per unit Variable expenses Alvaro 4.00 2.40 200 units Bazan 6.00 1.20 80 units r unit Number of units sold monthl Fixed expenses are 660 per month. Prepare a contribution format income statement showing both euro and percent columns for each product and for the company as a whole. Compute the break-even point in euros for the company, and each product and the margin of safety. 26

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