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Instructions Texas- Company produces and sells barbeque grillis. Texas- sells three models: a small portable gas grit, a targer stationary gas grill, and the specialty
Instructions Texas- Company produces and sells barbeque grillis. Texas- sells three models: a small portable gas grit, a targer stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 18,800 portable grils, 47,000 stationary grills, and 4,700 smokers Information on the three models is as follows: Portable Stationary $91 $197 Smokers $246 Price Variable cost per unit 42 133 137 Total fixed cost is $2,041,200 x X Sales Mix and Breakeven 1. What is the sales mox of portable gets to stationuary grills to smokers? 2 Computer the break-even quantity of each product. Break Even Portable Grills Broak-Even Stationary Grills Break Even Smokers 3(a) What is the overall contribution margin ratio? Use the contribution margin radio to compute overall break-even sales revenue Enter the contribution margin ratio as a percentage rounded to two decimal places; round the break-even sales revenue to the pearest dollar Contribution Margin Ratio Braak. En annun Contribution Margin Income Statement 3(0) Prepare an income statement for Texas-Q for the coming year. Refer to the Nst of Amount Descriptions for the exact wording of text items within your income statement Texas- Company Income Statement For the Coming Year 1 2 3 ontribution Margin Income Statement Margin of Safety 4. Compute the margin of safety for the coming year. The margin of safety for the coming year is $ 5 5
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