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Assume that Ocean King Products sells three varieties of canned seafood with the following prices and costs. Fixed Cost per Month Selling Price per Case

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Assume that Ocean King Products sells three varieties of canned seafood with the following prices and costs. Fixed Cost per Month Selling Price per Case $ 24 25 30 Variable Cost per Case $ 20 23 21 Variety 1 Variety 2 Variety 3 Entire firm $50,200 The sales mix (in cases) is 60 percent Variety 1, 25 percent Variety 2, and 15 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 $57,850 after taxes assuming the same sales mix

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