Question
Mission Foods produces two flavors of tacos, chicken and fish, with the following characteristics: Chicken Fish Selling price per taco $ 3.60 $ 5.40 Variable
Mission Foods produces two flavors of tacos, chicken and fish, with the following characteristics: Chicken Fish Selling price per taco $ 3.60 $ 5.40 Variable cost per taco 1.80 2.70 Expected sales (tacos) 191,000 305,000 The total fixed costs for the company are $116,000.
b. Assuming that the product mix would be 45 percent chicken and 55 percent fish at the break-even point, compute the break-even volume.
Break-even Volume
Chicken tacos ?
Fish tacos ?
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?
Break-even Volume
Chicken tacos ?
Fish tacos?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started