Executive officers of Neil Company have prepared the annual budgets for its two products, Washer and Dryer, as follows.

Required
a. Based on the number of units budgeted to be sold, determine the relative sales mix between the two products.
b. Determine the weighted-average contribution margin per unit.
c. Calculate the break-even point in total number of units.
d. Determine the number of units of each product Neil must sell to break even.
e. Verify the break-even point by preparing an income statement for each product as well as an income statement for the combined products.
f. Determine the margin of safety based on the combined sales of the twoproducts.

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Washer Dryer Total Budgeted Pe Budgeted Budgeted Pr Budgeted Budgeted Budgeted Quantity Uit Amount Quantity Unit Amount Quantity Amount 500 $540 270,000 2,000$300 600,000 2,500 870,000 500 300 150,000) 2,000 180 -60,000 ,500 (510,000) 360,000 (144,000 Sales Variable cost Fixed costs Net income Contribution margin 00240 120,000 2,000 (50,000) 120 240,000 2,500 (94,000) $ 146,000 s 70,000 216,000