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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
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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