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3a. Prepare an income statement for Andrews Sporting Goods, Inc. for the coming year. 1. What is the sales mix of vinyl mitts, leather mits, and autographed mitts? 2. Compute the break-even quantity of each product. (Round break-even packages to four significant digits and break-even units to the nearest whole unit.) Multiple-Product Break-even, Break-Even Sales Revenue Andrews Sporting Goods, Inc, produces and sells children's softball mitts: vinyl mitts and basic leather mirts. Last year, Andrews sold 24,000 vinyl mitts and 12,000 leather mitts. Information on the two products is as follows: Total fored cost is $103,320. Suppose that in the coming year, the company plans to produce an autographed mitt, The company estimates that 6,000 autographed mitts can be sold at a price of $22 and a variable cost per unit of 59 . Total fixed cost must be increased by $34,440 (making total froed cost. 5137,760 ). Astume that anticipated soles of the other products, as well as their prices and variable costs, remain the same. 3b. What is the overall contribution margin ratio? Use the contribution margin ratio to compute overall break-even sales revenue. (Note: Round the contribution margin ratio to the nearest whole percent; round the break-even sales revenue to the nearest dollar.) C C. 4. Compute the margin of safety for the coming year in sales dollars. Feedback TCheck My Work 3b. Divide total contribution margin by sales. Divide total fixed costs by contribution margin ratio. 4. Compute the difference between expected sales and break-even sales