Problemmission foods produces two flavors of tacos chicken, Ask an Expert

Accounting

Problem

Mission Foods produces two flavors of tacos, chicken and fish, with the following characteristics:

	Chicken		Fish
Selling price per taco	$	3.90	$	5.00
Variable cost per taco		1.95		2.50
Expected sales (tacos)		209,000		305,000

The total fixed costs for the company are $111,000.

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.

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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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92753467

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