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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
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 Baird must sell to break even. e. Verify the break-even point by completing the following income statement. 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. Based on budgeted sales, determine the relative sales mix between the two products. Complete this question by entering your answers in the tabs below. Determine the weighted-average contribution margin per unit. Calculate the break-even point in total number of units. Determine the number of units of each product Baird must sell to break even. Verify the break-even point by completing the following income st Determine the margin of safety based on the combined sales of the two products. Note: Round your answer to 1 decimal place.(i.e., 0.234 should be entered as 23.4)
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