A company sells three products: D, E and F. The market for the products dictates that the numbers of products sold are always in the ratio of 3D:4E:5F. Budgeted sales volumes and prices, and cost details for the previous period were as follows:D E F Sales units 300 400 500 Selling price per unit $80 $55 $70 Contribution to sales ratio 70% 65% 50%The budgeted total fixed costs for that period were $31,200.
(a) Calculate for that period:
(i) The break-even sales revenue.
(ii) The volume of each product that would have needed to be sold if the company had wanted to earn a profit of $29,520 in that period.