Question E4-28A (similar to) Mikay Braun admired his wife's success at selling scarves at local cran shows, so he decided to make two types of plant stands to sell at the shows. Mikey makes twig stands from twigs he colitects from a friend's farm, so his variable co minimal (wood screws, glue, and so forth). However, Mikey has to purchase wood to make his oak plant stands. His unit prices and costs are as follows: Click the icon to view the data) The twig stands are more popular, to Mikey sells four twiq stands for everyone cak stand Gabby charges her husband $240 to share her booth at the craft shows after all, she has paid the entrance fees). How many of each plant stane Mikey need to sell to break even? Will this affect the number of scarves Gabby needs to sell to break even? Explain Determine how many of each plant stands Mikey needs to set to break-even. Begin by compuing the weighted average contribution margin per unit. First identify the formula labels, then complete the calculations top by step, Twig Oak Total Snie price per unit $ 16.00 $ 39.00 Deduct Variable expense per unit Contribution margin per unit 15.00 2.00 14.00 $ Data Table $ 24.00 1 Sales in units 80.00 $ 56.00 24.00 Contribution margin 16.00 $ Twig Stands 1800 2.00 Sale price Variable cost Oak Stands 39.00 1500 Weighted average contribution margin per unit Next, determine the forma to compute the break even sales in units - Break-even sales in units Done Contribution margin ratio Fred expenses Operating income Units sold Variable expenses Weighed-avg. CM per und Ch and then click Check Answer Check Answer Clear All remaining