Area Rugs, Inc., is considering three possible countries for the sole manufacturing site of its newest area rug: Spain, Italy, and Brazil. All area rugs are to be sold to retail outlets in the United States for $260 per unit. These retail outlets add their own markup when selling to final customers. Forced costs and variable cost per unit (area rug) differ in the three countries Click the icon to view the cost data) Read the requirements Requirement 1. Compute the breakeven point for Area Rugs, Inc. in each country in (a) units sold and (b) revenues Determine the formulas for the breakeven point in units and the breakeven point in revenues Begin with the breakeven point in units, then the breakeven point in revenues Breakeven point in units 1. Compute the breakeven point for Area Rugs, Inc., in each country in (a) units sold and (b) revenues. 2. If Area Rugs, Inc. plans to produce and sell 90,000 rugs in 2014, what is the budgeted operating income for each of the three manufacturing locations? Comment on the results Country Sales Price to Retail Outlets 260.00 $ 260.00 260.00 Annual Fixed Costs 9,581,000 $ 5.408,000 19.890.000 Variable Manufacturing Cost per Area Rug 60.00 $ 50.00 65.00 Variable Marketing and Distribution Cost per Area Rug 57.00 41.00 65.00 Spain Italy Brazil