Mike's Ice Cream Company produces and sells ice cream in three sizes: quart, half-gallon, and gallon. Relevant information for each of the sizes is as follows:

Mike anticipates sales of $500,000 and fixed costs of $120,000 in 2012.
Required:
1. Determine the break-even sales volume in units and dollars for 2012.
2. Determine Mike's 2012 projected profit.
3. Assume that Mike's sales mix changes to 10% quarts, 40% half-gallons, and 50% gallons. Determine Mike's break-even sales volume in units anddollars.

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Half-Gallon Gallon $3.60 2.40 Quart $1.00 0.80 $1.85 Average sales price. Less variable cost. Unit contribution margin. $0.45 60% $0.20 15% $1.20 25% Sales mix (% of sales UNITS)