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TexFab manufactures two products, GT450 and GT600 that have the following sales and cost information. % % GT450 Amount $ 25,000 20,000 $ 5,000 Sales
TexFab manufactures two products, GT450 and GT600 that have the following sales and cost information. % % GT450 Amount $ 25,000 20,000 $ 5,000 Sales Total Amount $ 100,000 57,500 GT600 Amount $ 75,000 37,500 $ 37,500 100 100 80 50 100.0 57.5 42.5 20 50 Variable costs Contribution margin Fixed costs Operating income $ 42,500 20,000 $ 22,500 Round all dollar answers up, to the nearest whole number. Required: 1. What is the breakeven point in dollars if sales remain at the same sales mix reflected in the income statement presented above? 2. If the TexFab Company's sales mix becomes $50,000 of product GT450 and $50,000 of product GT600, what is the breakeven point in sales dollars? Prepare an income statementin the format given above-for this scenario. 3. Why have the breakeven point and the amount of operating income (TB) changed
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