4.1 Computing the Break-Even Point for a Multi-Product Company Wiseman Inc. (a privately held comparry) markets two fitness products: 1) Hero Plank Machine 2) Makeover A contribution margin income statement for a recent month for the two games appears as follows: ncuinte. 1. Calculate the Contribution margin & Net Income for 2. Compute the overall Contribution Margin Ratio for Wiseman Inc. Write down the Formula for the CM Ratio and show calculated CM Ratio. 3. Compute the averall break-even point for the comparry in sales dollars for Wiseman Inc. Write down the Formula for Break-Even and shaw the calculated break-even point in $ Wiseman Inc. Manufacturing produces Health Drinks in a Manufacturing facility. The products are: - Health Shake - Pre-Wark out - Post-Work aut Wiseman introduced a 4th Product: Health bar, made from 3 most healthy food inputs, Broccoli, Beetroot and Locusts. Wiseman produces all these health products in the same manufacturing facility and cannot change fimer casts for 3 years. REQURED: 1) Calculate- - the Contribution Margin for Pre-Work - the Operating Incame far Past-Wark out 2) Write out a definition for Contribution Margin. 3) Referencing the above definition, which of the above product lines would you cut (stap production on) to increase profitability of Wiseman Inc. Manufacturing? - Explain why vou would continue praduction with ather products. - Choose the company/companies that you would stap production on and explain why