bulu Texas- Company produces and sells barbeque grills. Texas-Q sells three models: a small portable...
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bulu 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 soll 14,700 portable grills, 53,900 stationary grills, and 4,900 smokers. Information on the three models is as follows: Portable Smokers Stationary $199 Price $94 $250 Variable cost per unit 43 135 142 Total fixed cost is $2,026,500. Required: 1. What is the sales mix of portatile grils to stationary grits to smokers? 2. Compute the break-even quantity of each product 3. Prepare an income statement for Texas-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
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