At one time, Del Monte Foods Company reported three separate operating segments: consumer products (which...
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At one time, 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 $860.3 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. Using the information computed in the part above, compute the company's break-even point in sales 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
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