Requlred Information Problem 18-6A (Algo) Break-even analysis LO P2 [The following Information applles to the questions displayed below.] Praveen Company manufactures and markets a number of rope products. Management is considering the future of Product XT, a speclal rope for hang gliding that has not been as profitable as planned. Because Product XT Is manufactured and marketed Independently of the other products, Its total costs can be precisely measured. Next year's plans call for a $170 selling price per unit. Its fixed costs for the year are expected to be $214,200. Varlable costs for the year are expected to be $119 per unit. " ind Intermedlate calculations.) 2. Prepare a contribution margin Income statement for Product XT at the break-even point