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Fanning Company produces two products. Budgeted annual incomestatements for the two products are provided here: Required: a. Based on budgetedsales, determine the relative sales mix between the twoproducts. b. Determine theweighted-average contribution margin per unit. c. Calculate thebreak-even point in total number of units. d. Determine the number ofunits of each product Fanning must sell to break even. e. Verify thebreak-even point by preparing an income statement for each productas well as an income statement for the combined products. f. Determine themargin of safety based on the combined sales of the twoproducts.
Please assist on the below: Required A
Based on budgeted sales, determined, the relative sales mixbetween the two products. What is the Relative percentage forPower ? % What is the Relative percentage forLife ? %
Determine the weighted- average contribution margin perunit. What is the weighted-average contribution margin perunit?
Calculate the break-even point in the total number ofunits. What is the Break-even point in units?
Determine the number of units of each product Fanning mustsell to break even. What is the required sales of power inunits? What is the required sales for Lite inunits
Verify the break-even point by preparing an incomestatement for each product as well as an income statement for thecombinedproducts.
Determine the margin of safety based on the combined salesof the two products. (Round your answer to 1 decimal place.(i.e.,.234 should be entered as 23.4)) What is the Margin of safety =? % . . .