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ent CALCULATOR FULL SCREEN PRINTER VERSION RACK NEXT Expand Your Critical Thinking 19-3 (Part Level Submission) In a recent report, the Del Monte Foods Company
ent CALCULATOR FULL SCREEN PRINTER VERSION RACK NEXT Expand Your Critical Thinking 19-3 (Part Level Submission) In a recent report, the Del Monte Foods Company reported three separate operating segments consumer products (which includes a variety of canned foods including tuna, fruit, and vegetables), pet products (which includes pet food and snacks and veterinary products), and soup and intant-feeding products (which includes soup, broth, and infant feeding and pureed products). In its annual report, Del Monte uses absorption costing. As a result, information regarding the relative composition of its food and variable costs is not available. We have assumed that $160.3 million of a total operating expenses of $1,920.3 million are fixed and have allocated the remaining variable costs across the three divisions. Sales data, along with assumed expense data, are provided below. Consumer products Pet products Soup and infant-Feeding products (in millions) Sales Variable costs $1,031.8 $610 37.3 302.0 $2,171.1 $1,060 350 100 Your answer is correct 15. ) Compute each segment's contribution marginalia and the sales mix (Round answers to 1 decimal place, Consumer Products Pet Products Soup and Infant Feeding Products Contribution margin ratio 40.9 58.4 . 1344 Sales mix percentage Click if you would like to Show Work for this question: Open Show Work Show all CALCULATOR FULL SCREEN PRINTER VERSION RACK NEXT Sales mix percentage Click if you would like to Show Work for this question Open Show Work SHOW SOLUTION Attemptsi 2 of 5 used Using the information computed in above part, compute the company's break even point in dollars, and then determine the amount of sales that would be generated by each division at the break even point (Round Weighted Average Contribution Margin Ratio to 3 decimal places, 0.0.252 and final answers to decimal places, e.. 1,525, 257,879.) Break-even pomt in dollars Consumer Products Pet Products Soup and Infant Feeding Products Sales from each product Click if you would like to show Work for this questioni Osn Show Work Attempts: 0 of Sused SAVE FOR LATER SURET
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