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Assume that Ocean King Products sells three varieties of canned seafood with the following prices and costs: Sellng Price Variable Selling Price Cot per Case
Assume that Ocean King Products sells three varieties of canned seafood with the following prices and costs: Sellng Price Variable Selling Price Cot per Case Cost Fixed Cost per Month par Case Variety 1 Veriety 2 Variety 3 Entire finm 15 15 $48,600 The sales mix (in cas88) is 40 percent Variaty 1, 35 percant Variety 2, and 25 percent Variaty 3. Required: a. At what 8ales revenue per month does the company break even? (Do not round Intermediate calculations. Round your final answer to the nearest whole dollar.) b. Suppose the company is subject to a 35 percent tax rate on income. At what sales revenue per month will the company earn $51,090 after taxes assuming the same sales mix? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar.)
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