Toyota Motor Corporation uses mixed costing for its automobile production. In September 2038, the company incurs the following costs for two product lines (Sedan and SUV):

• Fixed Costs: $100,000,000
• Variable Costs (Sedan): $50,000 per unit
• Variable Costs (SUV): $70,000 per unit
• Selling Price (Sedan): $80,000 per unit
• Selling Price (SUV): $110,000 per unit

Requirements:

• Classify each cost as fixed or variable.
• Perform a cost-volume-profit analysis for each product line.
• Calculate the breakeven point and contribution margin for each product.
• Analyze the profitability of each product line.
• Recommend strategic actions based on the CVP analysis.