Mission Foods produces two flavors of tacos-chicken and fish with the following characteristics. Selling price per...
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Mission Foods produces two flavors of tacos-chicken and fish with the following characteristics. Selling price per taco Variable cost per taco Expected sales (tacos) $ Chicken 3.50 1.75 197, 000 $ Fish 4.70 2.35 303, 000 The total fixed costs for the company are $126,000. Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix would be 36 percent chicken and 64 percent fish at the break-even point, compute the break-even volume using weighted-average contribution margin. c. If the product sales mix were to change to four chicken tacos for each fish taco, what would be the new break-even volume? Required A Required B Required C Complete this question by entering your answers in the tabs below. Assuming that the product mix would be 36 percent chicken and 64 percent fish at the break-even point, compute the breal even volume using weighted-average contribution margin. (In your computations, round up the total units to break-even to the nearest whole number and round other intermediate calculations to 2 decimal places. Round your final answers up to th nearest whole unit.) Complete this question by entering your answers in the tabs below. Required A Required B Required C Assuming that the product mix would be 36 percent chicken and 64 percent fish at the break-even point, compute the break even volume using weighted-average contribution margin. (In your computations, round up the total units to break-even to the nearest whole number and round other intermediate calculations to 2 decimal places. Round your final answers up to th nearest whole unit.) Chicken Fish Break-even Volume tacos tacos < Required A Required C > Show less the break-even volume using weighted-average contribution margin. c. If the product sales mix were to change to four chicken tacos for each fish taco, what would be the new break-even volume? Complete this question by entering your answers in the tabs below. Required A Required B Required C If the product sales mix were to change to four chicken tacos for each fish taco, what would be the new break-even volume (In your computations, round up the total units to break-even to the nearest whole number and round other intermediate calculations to 2 decimal places. Round your final answers up to the nearest whole unit.) Chicken Fish Break-even Volume tacos tacos < Required B Required C > Mission Foods produces two flavors of tacos-chicken and fish with the following characteristics. Selling price per taco Variable cost per taco Expected sales (tacos) $ Chicken 3.50 1.75 197, 000 $ Fish 4.70 2.35 303, 000 The total fixed costs for the company are $126,000. Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix would be 36 percent chicken and 64 percent fish at the break-even point, compute the break-even volume using weighted-average contribution margin. c. If the product sales mix were to change to four chicken tacos for each fish taco, what would be the new break-even volume? Required A Required B Required C Complete this question by entering your answers in the tabs below. Assuming that the product mix would be 36 percent chicken and 64 percent fish at the break-even point, compute the breal even volume using weighted-average contribution margin. (In your computations, round up the total units to break-even to the nearest whole number and round other intermediate calculations to 2 decimal places. Round your final answers up to th nearest whole unit.) Complete this question by entering your answers in the tabs below. Required A Required B Required C Assuming that the product mix would be 36 percent chicken and 64 percent fish at the break-even point, compute the break even volume using weighted-average contribution margin. (In your computations, round up the total units to break-even to the nearest whole number and round other intermediate calculations to 2 decimal places. Round your final answers up to th nearest whole unit.) Chicken Fish Break-even Volume tacos tacos < Required A Required C > Show less the break-even volume using weighted-average contribution margin. c. If the product sales mix were to change to four chicken tacos for each fish taco, what would be the new break-even volume? Complete this question by entering your answers in the tabs below. Required A Required B Required C If the product sales mix were to change to four chicken tacos for each fish taco, what would be the new break-even volume (In your computations, round up the total units to break-even to the nearest whole number and round other intermediate calculations to 2 decimal places. Round your final answers up to the nearest whole unit.) Chicken Fish Break-even Volume tacos tacos < Required B Required C >
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Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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