KererencesHelpSave & ExitSubmitCheck my workProblem $7-12($Algo$)$A firm is selling two products$-$chairs and bar stools$-$each at $$50$ per unit. Chairs have a variable cost of $$30,$ and bar stools $$20.$ The fixed cost for the firm is $$20,000.$a$.$ If the sales mix is $1$:$1($one chair sold for every bar stool sold$),$ what is the break$-$even point in dollars of sales? In units of chairs and bar stools?nearest whole number.Note: Round your answers to a whole number before calculating the break$-$even point and round the break$-$even point to theBreak$-$even pointNumber of chairsNumber of bar stools$40,000400667$b$.$ If the sales mix changes to $1$:$4($one chair sold for every four bar stools sold$),$ what is the break$-$even point in dollars of sales? In units of chairs and bar stools?Note: Round your answers to a whole number before calculating the break$-$even point and round the break$-$even point to