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Texas-Q 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.

image text in transcribed Texas-Q 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-Q expects to sell 3(b) Prepare an income statement for Texas-Q for the coming year. Refer to the list of 14,400 portable grills, 52,800 stationary grills, and 4,800 smokers. Information on the three models is as follows: Amount Descriptions for the exact wording of text items within your income statement. Total fixed cost is $2,321,000. Sales Mix and Breakeven X 1. What is the sales mix of portable grills to stationary grills to smokers? 2. Compute the break-even quantity of each product. 3(a) 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. Margin of Safety 4. Compute the margin of safety for the coming year. The margin of safety for the coming year is

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