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Problem 3-67 (Algo) Extensions of the CVP Basic Model-Multiple Products and Taxes (LO 3-4) Assume that Ocean King Products sells three varieties of canned seafood

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Problem 3-67 (Algo) Extensions of the CVP Basic Model-Multiple Products and Taxes (LO 3-4) Assume that Ocean King Products sells three varieties of canned seafood with the following prices and costs, Selling Price Fixed cost per Month Variable Cost per Case $ 15 18 16 per Case 519 20 25 Variety 1 Variety 2 Variety 3 Entire fire 549,200 The sales mix (in cases) is 40 percent Variety 1, 35 percent Variety 2 and 25 percent Variety 3. Required: a. At what sales revenue per month does the company break even? b. Suppose the company is subject to a 35 percent tax rate on income At what sales revenue per month will the company earn $53,625 after taxes assuming the same sales mix? Complete this question by entering your answers in the tabs below. Requireg A Required B At what sales revenue per month does the company break even? (Do not round intermediate calculations, Round your final answer to the nearest whole dollar) Braven revenue Problem 3-67 (Algo) Extensions of the CVP Basic Model-Multiple Products and Taxes (LO 3-4) Assume that Ocean King Products sells three varieties of canned seafood with the following prices and costs. Selling Variable Cost Fixed cost per month Variety 1 Variety 2 Variety Entire firm price per Case 5.19 20 25 per Case $ 15 18 16 $49,200 The sales mix (in cases) is 40 percent Variety 1.35 percent Varlety 2 and 25 percent Variety 3. Required: a. At what sales revenue per month does the company break even? b. Suppose the company is subject to a 35 percent tax rate on income At what sales revenue per month will the company earn $53,625 after taxes assuming the same sales mix? Complete this question by entering your answers in the tabs below. Required A Required Suppose the company is subject to a 35 percent tax rate on income. At what sales revenue per month will the company earn $53,625 after taxes assuming the same sales mix? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar) Sales revende

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