Problem 3-58 Extensions of the CVP Model-Multiple Products (LO 3-4) Sell Block prepares three types of simple tax returns: individual, partnerships, and (small) corporations. The tax returns have the following characteristics: S 310 1,000 2,050 Price charged per tax return Variable cost per tax return (including wage paid to tax preparer) Expected tax retuns prepared per year $ 260 56,000 900 7,000 1,860 7,000 The total fixed costs per year for the company are $889,300. Required: a. What is the anticipated level of profits for the expected sales volumes? $ 4.160,700 b. Assuming that the product mix is the same at the break-even point, compute the break-even point c. Suppose the product sales mix changes so that, for every ten tax returns prepared, six are for individualis, one is for a partnership, and three are for corporations. Now what is the break- even volume for Sell Block? retums 20p 888 Fa