3(a) What is the overall contribution margin ratio? Use the contribution margin ratio to compute overall break-even sales revenue. Enter the contribution margin ra as a percentage rounded to two decimal places; round the break-even sales revenue to the nearest dollar. % Contribution Margin Ratio Break-Even Revenue $ 3(b) Prepare an income statement for Texas-Q for the coming year. Refer to the list of Amount Descriptions for the exact wording of text items within your income statement Question not attempted. Score: 0/51 Texas-Q Company Income Statement For the Coming Year 1 2 3 4. Compute the margin of safety for the coming year. The margin of safety for the coming year is $ 1. What is the sales mix of portable grills to stationary grills to smokers? 4:11:1 2. Compute the break-even quantity of each product. Break-Even Portable Grills Break-Even Stationary Grills Break-Even Smokers Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 19,200 portable grills, 52,800 stationary grills, and 4,800 smokers. Information on the three models is as follows: Portable Stationary Smokers $86 $205 $250 Price Variable cost per unit 46 132 139 Total fixed cost is $2,298,360. Required: 1. What is the sales mix of portable grills to stationary grills to smokers