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Exercise 3-47 (Algo) Multiproduct CVP Analysis (LO 3-4) Mission Foods produces two flavors of tacos-chicken and fish-with the following characteristics Selling price per taco Variable
Exercise 3-47 (Algo) Multiproduct CVP Analysis (LO 3-4) 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 Fish $ 3.60 $ 5.50 1.80 2.75 196,000 306,000 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 44 percent chicken and 56 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? Complete this question by entering your answers in the tabs below. Required A Required B Required What is the anticipated level of profits for the expected sales volumes? Profit Required B > Required A Required B Required C Assuming that the product mix would be 44 percent chi even volume using weighted average contribution marg the nearest whole number and round other intermediate nearest whole unit.) Break-even Volume Chicken tacos Fish tacos
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