Assume that Ocean King Products sells three varieties of canned seafood with the following prices and costs. Selling Price per Case Variable Cost per Case Fixed Cost per Month Variety 1 $ 19 $ 15 Variety 2 20 18 Variety 3 25 16 Entire firm $ 49,200 The sales mix (in cases) is 40 percent Variety 1, 35 percent Variety 2, and 25 percent Variety 3. Required: a. At what sales revenue per month does the company break even? b. Suppose the company is subject to a 35 percent tax rate on income. At what sales revenue per month will the company earn $53,625 after taxes assuming the same sales mix?

Homework 2 6 Assume that Ocean King Products sells three varieties of canned seafood with the following prices and costs. 2 points Selling variable Price Fixed cost Cost per Case per Case per Month Variety 1 Variety 2 Variety a Entire firm $19 20 25 $15 18 16 eBook $49,200 Print The sales mix (in cases) is 40 percent Variety 1, 35 percent Variety 2 and 25 percent Variety 3. Required: a. At what sales revenue per month does the company break even? b. Suppose the company is subject to a 35 percent tax rate on income. At what sales revenue per month will the company earn $53,625 after taxes assuming the same sales mix? Complete this question by entering your answers in the tabs below. Required Required At what sales revenue per month does the company break even? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) Break-even revenue (Required A Required B >