Franklin Prepared Foods (FPF) sells three varieties of microwaveable meals with the following prices and costs: The

Question:

Franklin Prepared Foods (FPF) sells three varieties of microwaveable meals with the following prices and costs:

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 $17,380 after taxes assuming the same sales mix?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Fundamentals Of Cost Accounting

ISBN: 9781264100842

7th Edition

Authors: William Lanen

See More Books

Question Posted: Aug 10, 2022 06:00 AM

See More Questions

Assume that Ocean King Products sells three varieties of canned seafood with the following prices and costs: The sales mix (in cases) is 40 percent Variety 1, 35 percent Variety 2, and 25 percent...
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
Jen and Berry's sells ice-creams from its factory-shop in Petone. There is a managing director (Maynard Dibble), a marketing manager (Mary Salman) and a production manager (Peter Pritchard). Maynard...
In Exercises 8486, use a graphing utility to graph f and g in the same [-8, 8, 1] by [-5, 5, 1] viewing rectangle. In addition, graph the line y = x and visually determine if f and g are inverses....
Explain the separation theorem.
Categorical variables with only two categories (such as male/female or yes/no) can be used in a multiple regression model if we code the answers with numbers. In Chapter 9, we looked at a simple...
An engineer prepares a report to evaluate a project using PW and IRR. Just before submitting the report, he spills coffee on it, making the first digit of the 2-digit IRR unreadable. The second digit...
Stainless Refrigerator Company purchases ice makers and installs them in its products. The ice makers cost $138 per case, and each case contains 12 ice makers. The supplier recently gave advance...
Country A is endowed with 18 units of good x and 1 unit of good y, while country B is endowed with 2 units of good x and 7 units of good y. Both countries consume x and y in fixed and equal...
Estimate the ultimate consolidation settlement under the centerline of a 17 x 17 m mat foundation. The mat is 1.2 m thick reinforced concrete, and the average stress on the surface of the slab is 80...
Philadelphia Sunglasses sells two models of glasses at its single retail locationThe Shore and The Poconos. The Shore model sells for $180 a pair and The Poconos model sells for $400 a pair. The...
What are life-cycle product costing and pricing?
Review the following passage and see how many errors you can find. Look for spelling, formatting, and punctuation errors.
Write a function is_even() in python which will check whether the values in your input parameter (data_list) are even or odd. Specifically, for each value, it should add True to a new list...
Alice wants to ensure that her network is secure. She wants to runs a program on the network that will allow her to see which ports are accepting TCP and UDP connections. Which tool should she use?...
The Regulatory Action Report is an important document filled with information and is available to the public. As a taxpayer, and as a healthcare professional, what is the purpose of having this...
Ratio analysis is a common approach for detailed analysis of the financial statements of healthcare organizations. Once calculated, the ratios can be compared to some meaningful standard, such as...
In addressing the Australian National Health Priority Area of breast cancer prevention and treatment use a person centred care approach to respond to the following: Question 1: Discuss one (1)...
The three types of elementary matrices give rise to five types of 2 Ã 2 matrices with one of the following forms: Each of these elementary matrices corresponds to a linear transformation from...
The trade-off theory relies on the threat of financial distress. But why should a public corporation ever have to land in financial distress? According to the theory, the firm should operate at the...
CompDesk, Inc., makes a single model of an ergonomic desk (with chair) for computer usage. The desk is manufactured in building 1, and the chair is manufactured in building 2. Monthly capacities and...
Playful Pens, Inc., makes a single model of a pen. The cartridge for the pen (which contains the ink) is manufactured on one machine. The cartridge holder (which you hold when you hold the pen) is...
Playful Pens, Inc., makes a single model of a pen. The cartridge for the pen (which contains the ink) is manufactured on one machine. The cartridge holder (which you hold when you hold the pen) is...
NoSQL database is non-tabular, schema-free DB that stores data differently than relational DB a. When is it better to use NoSQL over traditional DB. Use examples of use cases where NoSQL achieves...
Read the following article: "SQL vs NoSQL Database Differences Explained with few Example DB": https://www.thegeekstuff.com/2014/01/sql-vs-nosql-db/ After reading the article, answer the following...
Answer the following questions on data collection methods. (a) Describe two advantages a personal interview would have over telephone interviews and self-administered survey questionnaires. (b)...

Franklin Prepared Foods (FPF) sells three varieties of microwaveable meals with the following prices and costs: The

Question:

Meat. Fish.. Vegetarian. Entire firm Selling Price per Case $30.20 44.00 50.00 Variable Cost per Case $23.20 32.00 45.60 Fixed Cost per Month $29,700

Step by Step Answer:

a Compute weightedaverage contribution margi...View the full answer

Fundamentals Of Cost Accounting

Students also viewed these Business questions