Required information Problem 18-6A (Algo) Break-even onolysis LO P2 [The following information applies to the questions displayed below) Praveen Company manufactures and markets a number of rope products. Manogement is considering the future of Product XT, a special rope for hang gliding that has not been as profitable os planned. Because Procluct T is manufactured and marketed independenily of the other products, its total costs con be precisely measured Next yoar's plons call for a $250 selling price per unit. its fixed costs for the year ore expected to be $500,000 Variabte costs for the year are expected to be $150 per unit Problem 18.6A (Algo) Part 2 2. Prepare a contribution margin income statement for Product XT at the break-even point 2. Prepare a contribution margin income statement for Product XT at the break-even point