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Multiple Product Break-Even Analysis Joe's Tax Service provides professional accounting and tax services. All tax return services are classified into one of three categories: standard,

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Multiple Product Break-Even Analysis Joe's Tax Service provides professional accounting and tax services. All tax return services 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 $65,000. Billing rate Average variable costs Average contribution margin Number of returns prepared Standard Multiform Complex $65 S140 $265 (30) (75) (150) $35 $65 $115 1.750 500 250 Required (a.) Determine Joe's break-even dollar sales volume, Enter billing rates and contribution margins using all decimals, when needed. Round contribution margin ratio to three decimal places. Round break-even sales volume to the nearest dollar. Product Standard Multiform Complex Total Contribution margin ratio: Break-even sales volume: Weighted Weighted Contribution Billing Rate Margin S 0 $ 0 0 0 0 0 0 0 S 0 $ 0 0 0 $ 0 (b.) Determine Joe's margin of safety in sales dollars. Hint: Use weighted average billing rate. Round answer to the nearest whole number. $ $ 0

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