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Exercise 3-47 (Static) Multiproduct CVP Analysis (LO 3-4) Mission Foods produces two flavors of tacos, chicken and fish, with the following characteristics. Selling price per

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Exercise 3-47 (Static) 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 $ 3.00 1.50 200,000 Fish $ 4.50 2.25 300,000 The total fixed costs for the company are $117,000. Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix would be 40 percent chicken and 60 percent fish at the break-even point, compute the break-even volume. 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

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