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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)
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 3.10 1.55 210,000 Fish 4.80 2.40 300,000 The total fixed costs for the company are $118,000. Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix would be 37 percent chicken and 63 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 >
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