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Franklin Prepared Foods (FPF) sells three varieties of microwaveable meals with the following prices and costs: Variable Cost Fixed Cost per Meat Fish Vegetarian
Franklin Prepared Foods (FPF) sells three varieties of microwaveable meals with the following prices and costs: Variable Cost Fixed Cost per Meat Fish Vegetarian Entire firm Selling Price per Case: $ 30.20 per Case $ 23.20 44.00 50.00 32.00 45.60 Month $ 31,350 The sales mix (in cases) is 50 percent Meat, 35 percent Fish, and 15 percent Vegetarian. Required: a. At what sales revenue per month does the company break even? b. FPF is subject to a 21 percent tax rate on income. At what sales revenue per month will the company earn $30,415 after taxes assuming the same sales mix? Complete this question by entering your answers in the tabs below. Required A Required B At what sales revenue per month does the company break even? Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar. Break-even revenue
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