Question 3 (20 points) Problem 3: Codroy Dairy Farms produces locally-made dairy products from its own herd located in Tompkins, in Newfoundland's Codroy Valley. Its budget for 2021 is as follows: Sales Variable expenses Contribution margin Fixed expenses Operating income Cream 75,714 25,714 50,000 Butter 900,000 800.000 100,000 Cheese 217,777 97777 120,000 Total 1,193,491 923.491 270,000 250 000 20,000 The budget assumes the sale of 20.000 tubs of cream, 100,000 blocks of butter, and 80.000 blocks of cheese Required: 3. (4 marks) What is the company's break-even point in doilars given the sales mix above D. (12 marks) II the budgeted sales miris maintained fie, the came relative wroportion of cream butter and cheese), what is the total contribution margin and operating income. 300.000 units are sold A marks Codrey Dairy Farms is looking to increase sales has set a budget of $20,000 for advertising but can only focus on one of les products. The marketihe department feels that such an advertising campaign dan increase sales of dream by 7.000 tabs butterbye 000 bioekslar cheese by 5 000 blocks Should Codron aroceed with the advertising campaign ande, which prodeer should it focus on