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Multiple Product Break Even and Target Profit Vandenberg, Inc, produces and sells two products a ceiling fan and a table fan. Vandenberg plans to sell 30,000 ceiling fans and 70,000 table fans in the coming year Product price and cost information includes Ceiling Fan Table Fan Price $60 $15 Unit variable cost $12 52 Direct fixed cost $23,600 $45,000 Common fixed selling and administrative expenses total 585,000 Requiredt 1. What is the sales mix estimated for next year (calculated to the lowest whole number for each product) Sales mix of ceiling fans to table fans 2. Using the sales mix from Requirement 1, form a package of ceiling fans and table fans. How many ceiling fans and table fans are sold at break even? Break-even calling fans Break-even table fans 3. Prepare a contribution-margin-based income statement for Vandenberg, Inc, based on the unit sales calculated in Requirement 2. If an amount is zero, enter "O". If the product margin is negative, enter a negative amount. Vandenberg, Inc Contribution-Margin-Income Statement For the Coming Year -SE 3. Prepare a contribution-margin-based income statement for Vandenberg, Inc., based on the unit sales calculated in Requirement 2. If an amount is zero, enter "0". If the product margin is negative, enter a negative amount. Vandenberg, Inc Contribution-Margin-Income Statement For the Coming Year Ceiling Fans Table Fans Total Sales Lessi Variable expenses Contribution margin Less Direct Fixed expenses Product margin LOSS Commenti ed expenses Operating income 4. What if Vandenberg, Inc. wanted to earn operating Income equal to $14.4007 Calculate the number of oiling fans and table fons that must be sold to earn this level of operating Income Hint Remember to form a package of ceiling fans and table fans based on the sales mix and to first calculate the number of packages to cam on operating income of $14,400) Breakvencelling fans II Break-even table fans