Mini-Exercise 12-6 (Static) Multiple Products and CVP Analysis LO 12-9, 12-10, 12-11 Assume MIX Incorporated has sales

Mini-Exercise 12-6 (Static) Multiple Products and CVP Analysis LO 12-9, 12-10, 12-11\\nAssume MIX Incorporated has sales volume of $1,000,000 for two products with May sales and contribution margin ratios as follows:\\n\\nProduct A: Sales $400,000; Contribution Margin Ratio 30%\\n\\nProduct B: Sales $600,000; Contribution Margin Ratio 60%\\n\\nRequired:\\nAssume MIX’s fixed expenses are $300,000. 

Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume.