Contribution Margin Ratio, Break-Even Sales Revenue, and Margin of Safety for Multiple-Product Firm Instructions Amount Descriptions Sales Mix and Breakeven Instructions Texas- Company produces and sells barbeque grills. Texas sells three models: a small portable gas gril, a larger stationary gas grill, and the specially smoker. In the coming year, Texas- expects to sell 18,400 portable grills, 50,600 stationary grills, and 4,800 smokers. Information on the three models is as follows Portable Stationary $199 Smokers $250 Price $93 Variable cost per unit 45 133 135 Totalfixed cost is $2,281.280. Required: 1. What is the sales mix of portable grills to stationary grills to smokers? 2. Compute the break-even quantity of ench product. 3. Prepare an income statement for Texas-o for the coming year. What is the overal contribution margin ratio? Use the contribution margin rate to compute overall break-even sales revenue. Enter the contribution margin radio as a percentage rounded to decor/placak round the break-even sales revenue to the nearest dollar 4. Compute the margin of safety for the coming your Next Emainstructor Submest for Grading All work saved Contribution Margin Income Statement Margin of Safety : statio CO Refer to the list below for the exact wording of text items within your income statement on the Amount Descriptions Operating income Operating loss Sales Total contribution margin Total fixed cost Total variable cost Use the to compute overall break-even sales revenue. Enter the contribution margin ratio as a percentage rounded to two deci break-even sales revenue to the nearest dollar 4. Compute the margin of safety for the coming year. .ce. Other Bookmar Contribution Margin Ratio, Break-Even Sales Revenue, and Margin of Safety for Multiple-Product Firm Instructions Amount Descriptions Sales Mix and Breakeven Sales Mix and Breakeven 1. What is the sales mix of portable grills to stationary grils to smokers? 2. Compute the break-even quantity of each product. Break-Even Portable Grills Break-Even Stationary Grills Break-Even Smokers 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 ratos percentage rounded to two decimal places; round the break even sales revenue to the nearest dollar Contribution Margin Ratio Break-Even Revenue 4. Compute the margin of safety for the coming year Next > El tructor Subient Test for Grading All work saved Instructions Amount Descriptions Sales Mix and Breakeven Sales Mix and Breakeven Contribution Margin Income Statement Texas-Q Company Income Statement For the Coming Year 1 2 3 4 5 4. Compute the margin of safety for the coming year All work saved. Sales Mix and Breakeven contribution Margin Income Statement Margin of Safety X 4. Compute the margin of safety for the coming year. The margin of safety for the coming year is $ 2 4 5 Camiste the marain of safety for the coming year
