The Coughlin Company retails two products, a standard and a deluxe version of a luggage carrier. The budgeted income statement is as follows: (Click the icon to view the budgeted income statement.) Requirements 1. Compute the breakeven point in units, assuming that the planned revenue mix is maintained. 2. Compute the breakeven point in units (a) if only standard carriers are sold and (b) if only deluxe carriers are sold. 3. Suppose 180,000 units are sold, but only 60,000 of them are deluxe. Compute the operating income. Compute the breakeven point if these relationships persist in the next period. Compare your answers with the original plans and the answer in requirement 1. What is the major lesson of this problem? Requirement 1. Compute the breakeven point in units, assuming that the planned sales mix is attained. Begin by determining the sales mix. For every 2 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 180,000 12 150,000 Data Table Total Standard Carrier 108,000 Deluxe Carrier 72,000 Units sold 180,000 Revenues at $30 and $45 per unit $ 3,240,000 $ 2,376,000 3,240,000 $ 1,944,000 6,480,000 4,320,000 Variable costs at $22 and $27 per unit $ 864,000 $ Contribution margin at $8 and $18 per unit 1,296,000 2,160,000 1,800,000 Fixed costs Enter any number in the edit fields and then click Check Answer. $ Operating income 360,000 7 parts Clear