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Question 2 15 Points A Company in Vaughn manufactures two products and gathered information about the two items as bellow: Product MX15 Product LX20 Selling

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Question 2 15 Points A Company in Vaughn manufactures two products and gathered information about the two items as bellow: Product MX15 Product LX20 Selling price per unit $40 $60 Variable cost manufacturing cost per 16 22 unit Variable selling cost per unit 8 12 The company expects annual fixed manufacturing costs to be $109,160 and fixed selling costs to be $50,000. The firm's normal annual total sales are 14,000 units, of those 8,400 have been Product MX15 and the remainder are Product LX20. Required: [Show your work in details for full credit] (round to 2 decimal places): 1. Determine the break-even point in units for the company's products (i.e., show the number of units for each product: MX15 and LX20). [10 marks] 2. Determine the level of sales (in dollars) necessary to generate an operating income of $75,000. [5 marks] Use the editor to format your

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