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What am I doing wrong? These are the following calculations Chicken tacos 3.50 - 1.75 = 1.75 1.75 * 41% = 0.72 Fish Tacos 4.50
What am I doing wrong? These are the following calculations Chicken tacos 3.50 - 1.75 = 1.75 1.75 * 41% = 0.72 Fish Tacos 4.50 - 2.25 = 2.25 2.25 * 59% = 1.33 0.72 + 1.33 = 2.05 116,000/2.05 = 56,724 41% x 56,724 = 23,257 59% x 56,724 = 33,467 I would appreciate the feedback and calculations! will rate!
Mission Foods produces two flavors of tacos-chicken and fishwith the following characteristics. Selling price per taco Variable cost per taco Expected sales (tacos) Chicken Fish $ 3.50 $ 4.50 1.75 2.25 191,000 293,000 The total fixed costs for the company are $116,000. 17 Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix would be 41 percent chicken and 59 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? 2.96 points Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Assuming that the product mix would be 41 percent chicken and 59 percent fish at the break-even point, compute the break- even volume using weighted average contribution margin. (In your computations, round up the total units to break-even to the nearest whole number and round other intermediate calculations to 2 decimal places. Round your final answers up to the nearest whole unit.) Show less Chicken Break-even Volume 23,257 X tacos 33,467 x tacos Fish
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