Problem 21-7A Break-even analysis with composite units LO P4 points Patriot Co. manufactures and sells three products: red, white, and blue. Their unit selling prices are red, S45, white, $75: and blue, $100. The per unit variable costs to manufacture and sell these products are red, $30, white, $50; and blue $70. Their sales mix is reflected in a ratio of 4:5.2 fred:white:blue). Annual fixed costs shared by all three products are $140,000. One type of raw material has been used to manufacture all three products. The company has developed a new material of equal quality for less cost. The new material would reduce variable costs per unit as follows: red, by $7: white, by $17: and blue, by $7. However, the new material requires new equipment, which will increase annual fixed costs by $10,000 Det Required: 1. Assume if the company continues to use the old material determine its break even point in both sales units and sales dollars of each individual product 2. Assume if the company uses the new material, determine its new break even point in both sales units and sales dollars of each Individual product Reference Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume if the company continues to use the old material, determine its break even point in both sales units and sales dollars of each individual product. (Round composite units up to next whole number) 1. Determine its break even point in both sales units and sales dollars of each individual product Determine the selling price per composite unit. I Roto Heing priceperunt Total per compone unit