10 points Kidd Company produces two products. Budgeted annual income sta Sales Variable cost Contribution margin...

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10 points Kidd Company produces two products. Budgeted annual income sta Sales Variable cost Contribution margin Fixed cost Net income Budgeted Number 160 160 160 Power Per Unit @ $500 @320 @ 180 Budgeted Amount $80,000 = (51,200) 28,800 (12,000) $16,800 Budgeted Number 640 640 640 Lite Per Unit @ $450 @330 @ 120 Required a. Based on budgeted sales, 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 Kidd must sell to break even. e. Verify the break-even point by completing the following income statement. f. Determine the margin of safety based on the combined sales of the two products. P Budgeted Amount = = $288,000 = (211,200) 76,800 (54,000) $22,800 Total Budgeted Budgeted Number Amount 800 800 800 $368,000 (262,400) 105,600 (66,000) $39,600 10 points Kidd Company produces two products. Budgeted annual income sta Sales Variable cost Contribution margin Fixed cost Net income Budgeted Number 160 160 160 Power Per Unit @ $500 @320 @ 180 Budgeted Amount $80,000 = (51,200) 28,800 (12,000) $16,800 Budgeted Number 640 640 640 Lite Per Unit @ $450 @330 @ 120 Required a. Based on budgeted sales, 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 Kidd must sell to break even. e. Verify the break-even point by completing the following income statement. f. Determine the margin of safety based on the combined sales of the two products. P Budgeted Amount = = $288,000 = (211,200) 76,800 (54,000) $22,800 Total Budgeted Budgeted Number Amount 800 800 800 $368,000 (262,400) 105,600 (66,000) $39,600

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a To determine the relative sales mix between the two products divide each products budgeted sales b... View the full answer