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TexFab manufactures two products. GT450 and GT600 that have the following sales and cost Information. Sales Variable costs Contribution margin Fixed costs Operating income GT450

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TexFab manufactures two products. GT450 and GT600 that have the following sales and cost Information. Sales Variable costs Contribution margin Fixed costs Operating income GT450 Amount $ 25, eee 20, eee $ 5,eee 100 80 20 GT600 Amount $ 75,ee 37, see $ 37,500 100 5e 5e Total Amount $ 1e0,000 57,500 $ 42,500 20,000 $ 22,500 11 % 180. 57.5 42.5 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 (TTB) changed

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