Mini$-$Exercise $12-6($Algo$)$ Multiple Products and CVP Analysis LO $12-9,12-10,12-11$

Assume MIX Incorporated has sales volume of $$1,324,000$ for two products with May sales and contribution margin ratios as follows:

Product A: Sales $$508,000$; Contribution Margin Ratio $30\%$

Product B: Sales $$816,000$; Contribution Margin Ratio $60\%$

Required:

Assume MIX's fixed expenses are $$336,000.$ Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume.

Note: Round "Average contribution margin ratio" answer to $2$ decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar.

$\backslash$table$[[$Total contribution margin,$],[$Operating income,$],[$Average contribution margin ratio,$],[$Breakeven sales volume,$]]$