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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. Chicken Fish 5.30 $ 3.60
Exercise 3-47 (Algo) Multiproduct CVP Analysis (LO 3-4) Mission Foods produces two flavors of tacos-chicken and fish-with the following characteristics. Chicken Fish 5.30 $ 3.60 $ Selling price per taco Variable cost per taco Expected sales (tacos) 2.65 1.80 193,000 294,000 The total fixed costs for the company are $109,000. Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix would be 38 percent chicken and 62 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 C What is the anticipated level of profits for the expected sales volumes? Profit
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