Malibu Corporation has monthly fixed costs of $64,000. It sells two products for which it has provided the following information:
Sales Price Contribution Margin
Product 1 $ 15 $ 9
Product 2 $ 20 $ 4
a. What total monthly sales revenue is required to break even if the relative sales mix is 30 percent for Product 1 and 70 percent for Product 2? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response)
Sales revenue $
b. What total monthly sales revenue is required to earn a monthly operating income of $16,000 if the relative sales mix is 20 percent for Product 1 and 80 percent for Product 2? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response)
Sales revenue $