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Tulip Company sells two products, Style Blue and Style Red. Monthly sales and contribution margin ratios for the two products are shown below. Style

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Tulip Company sells two products, Style Blue and Style Red. Monthly sales and contribution margin ratios for the two products are shown below. Style Blue Style Red Total Sales $88,000 $70,000 $158,000 Contribution Margin ratio 45% 51% ? The company's fixed expenses total $58,000 per month. Do not enter dollar signs or commas in the input boxes. Round contribution margin ratio to 2 decimal places. Round break-even up to the nearest whole number. a) What is the company's total contribution margin ratio? Sales Less: variable expenses $ Contribution Margin $ Style Blue Style Red Total 88000 $ 70000 $ 158000 b) What is the company's total net operating profit? Contribution Margin (Total): $ Less: Fixed Expenses: $ Net Operating Profit: $ c) Calculate the break-even point in total dollar sales for the company based on the current sales mix. Contribution Margin Ratio (Total): %

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