Texas- 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- expects to sell 15,600 portable grills, 46,800 stationary grills, and 5,200 smokers. Information on the three models is as follows: Portable Stationary $93 Smokers Price $197 $247 Variable cost per unit 43 126 135 Total foxed cost is $1,982,200 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 Toxas-o for the coming year. What is the overall contribution margin 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 dollar 4. Compute the margin of safety for the coming year. Instructions Sales Mix and Breakeven X 1. What is the sales mix of portable grils to stationary grils to smokers? 39.6 3.9.1 1:23 2. Compute the break-even quantity of each product Break-Even Portable Grills Break Even Stationary Grills Break-Even Smokers 3:5:1 3) What is the overal contribution margin ratio? Use the contribution margin ratio to compute overal break even sales revenue. Enter the contribution marpin ratio as a percentage rounded to two decimal places; round the break even sales revenue to the nearest dollar Contribution Margin Ratio Break Even Revenue 3 instrucions Amount Descriptions Sales Mix and Breakeven = Instructions Sales Mix and Breakeven Contribution Margin Income Statement x 3(b) Prepare an income statement for Texas-o for the coming year. Refer Jo the Nst of Amount Descriptions for the exact wording of text items within your income statement Texas-Q Company Income Statement For the Coming Year 1 Instructions Amount Descriptions > Sales Mix and Breakeven Instructions Sales Mix and Breakeven Contribution Margin Income Statement Margin of Safety x Descriptions for the exact wording of te 311 yol 4. Compute the margin of safety for the coming year. The margin of safety for the coming year is 5