Instructions Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill,and the specialty smoker. In the coming year, Texas-Q expects to sell 14,100 portable grills, 42,300 stationary grills, and 4,700 smokers. Information on the three models is as follows: Portable Stationary Smokers Price Variable cost per unit $94 $197 $248 50 132 139 Total fixed cost is $1,751,120. Required: 1. What is the sales mix of portable grills to stationary grills to smokers? 2. Compute the break-even quantity of each product. 3. Prepare an income statement for Texas-Q for the coming year. What is the overall contnibution marpin ratio? Use the contribution margin ratio 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 nearest dolar. 4. Compute the margin of safety for the coming year. Previous Next