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Multiple Product Break-Even Analysis Joe's Tax Service prepares tax returns for low-to middle-income taxpayers. Its service operates January 2 through April 15 at a counter

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Multiple Product Break-Even Analysis Joe's Tax Service prepares tax returns for low-to middle-income taxpayers. Its service operates January 2 through April 15 at a counter in a local grocery store. All jobs are classified into one of three categories: standard, multiform, and complex. Following is information for last year. Also, last year, the fixed cost of rent, utilities, and so forth were $60,000. Standard Multiform Complex Billing rate $60 $135 $260 Average variable costs (150) (30) (75) Average contribution margin $30 $60 $110 Number of returns prepared 1,750 500 250 Required (a.) Determine Joe's break-even dollar sales volume. Round contribution margin to three decimal places Round break-even sales volume to the nearest dollar. Weighted Weighted Selling Price Contribution Margin Product Standard 42 $ $ 21 Multiform 27 12 Complex 26 11 Total 95 $ 44 Contribution margin ratio: 0.4632 Break-even sales volume: 129,545.45 (b.) Determine Joe's margin of safety in sales dollars. Round answer to the nearest whole number. $107,955

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