The Alves Company retails two products: a standard and a deluxe version of a luggage carrier. The budgeted income statement for next period is as follows: (Click the icon to view the budgeted income statement.) Read the requirements. Requirement 1. Compute the breakeven point in units, assuming that the company achieves its planned sales mix. Begin by determining the sales mix. For every 1 deluxe unit(s) sold, 3 standard units are sold. Determine the formula used to calculate the breakeven point when there is more than one product sold. Then, enter the amounts in the formula to calculate the breakeven point. Fixed costs Contribution margin per bundle = Breakeven point in bundles $ 1,050,000 $ 28 37,500 The breakeven point is 112,500 standard units and 37,500 deluxe units. Requirement 2. Compute the breakeven point in units (a) if only standard carriers are sold and (b) if only deluxe carriers are sold. (a) If only standard carriers are sold, the breakeven point is 175,000 units. (b) If only deluxe carriers are sold, the breakeven point is 105,000 units. i Data Table Standard Carrier Deluxe Carrier Total 180,000 60,000 240,000 Units sold Revenues at $30 and $38 per unit Variable costs at $24 and $28 per unit Contribution margins at $6 and $10 per unit 5,400,000 $ 4,320,000 1,080,000 $ 2,280,000 $ 7,680,000 1,680,000 6,000,000 600,000 1,680,000 1,050,000 Fixed costs $ 630,000 Operating income Print Done Requirement 3. Suppose 240,000 units are sold but only 40,000 of them are deluxe. Compute the operating income. Compute the breakeven point in units. Compare your answer with the answer to requirement 1. What is the major lesson of this problem? Compute the operating income if 240,000 units are sold but only 40,000 of them are deluxe. Units sold Revenues at $30 and $38 per unit Variable costs at $24 and $28 per unit Contribution margin Fixed costs Operating income Standard Carrier Deluxe Carrier Total Requirements - 1. Compute the breakeven point in units, assuming that the company achieves its planned sales mix. 2. Compute the breakeven point in units (a) if only standard carriers are sold and (b) if only deluxe carriers are sold. 3. Suppose 240,000 units are sold but only 40,000 of them are deluxe. Compute the operating income. Compute the breakeven point in units. Compare your answer with the answer to requirement 1. What is the major lesson of this problem?