Question: part B please Expand Your Critical Thinking 6-3 (Part Level Submission) In a recent report, the Del Monte Foods Company reported three separate operating segments:

part B please Expand Your Critical Thinking 6-3 (Part Level Submission) Ina recent report, the Del Monte Foods Company reported three separate operatingpart B please

Expand Your Critical Thinking 6-3 (Part Level Submission) In a recent report, the Del Monte Foods Company reported three separate operating segments: consumer products (which includes a variety of canned foods including tuna, fruit, and vegetables); pet products (which includes pet food and snacks and veterinary products); and soup and infant-feeding products (which includes soup, broth, and infant feeding and pureed products). In its annual report, Del Monte uses absorption costing. As a result, information regarding the relative composition of its fixed and variable costs is not available. We have assumed that $850.3 million of its total operating expenses of $1,920.3 million are fixed and have allocated the remaining variable costs across the three divisions. Sales data, along with assumed expense data, are provided below. (in millions) Sales Variable costs Consumer products $1,031.8 5610 Pet products 837.3 350 Soup and infant-feeding products 302.0 100 52,171.1 $1,060 11 (a) Your answer is correct. Compute each segment's contribution margin ratio and the sales mix. (Round answers to 1 decimal place, e.g. 15.2%.) Consumer Products Pet Products Soup and Infant-Feeding Products Contribution margin ratio 40.9 58.2 66.9 % % Sales mix percentage 47.5 38.6 13.9 90 (b) x your answer is incorrect. Try again. Using the information computed in above part, compute the company's break-even point in dollars, and then determine the amount of sales that would be generated by each division at the break-even point. (Round Weighted-Average Contribution Margin Ratio to 3 decimal places, e.g. 0.252 and final answers to 0 decimal places, e.g. 1,525,357,879.) Break-even point in dollars 1680 Consumer Products Pet Products Soup and Infant-Feeding Products Sales from each product 798 649 234 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor

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