Hence
1). $7.44
2). 8218 Units
3). 1818.18 & 6400 Units
4). 42.50%
5). Total Sale Value $308028
6). Fish $110010 Chicken $198018
Fish Chicken Totals Units 4.000 12.000 16,000 $100,000 Revenue Variable costs 56,000 $180,000 105,000 40,000 $...
Mission Foods produces two flavors of tacos—chicken and fish—with the following characteristics. Chicken Fish Selling price per taco $ 3.80 $ 4.70 Variable cost per taco 1.90 2.35 Expected sales (tacos) 202,000 302,000 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 41 percent chicken and 59 percent fish at the break-even point, compute the break-even volume using...
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 3.80 1.90 198,00 5.10 2.55 295,000 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 42 percent chicken and 58 percent fish at the break-even point, compute the break-even volume using weighted...
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...
Mission Foods produces two flavors of tacos, chicken and fish, with the following characteristics: Chicken Fish Selling price per taco $ 3.30 $ 4.60 Variable cost per taco 1.65 2.30 Expected sales (tacos) 209,000 299,000 The total fixed costs for the company are $116,000. 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...
Mission Foods produces two flavors of tacos, chicken and fish, with the following characteristics. Chicken Fish Selling price per $ 3.00 $ 4.50 taco Variable cost per 1.50 2.25 taco Expected sales (tacos) 200,000 зее, еее The total fixed costs for the company are $117,000. Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix would be 40 percent chicken and 60 percent fish at the break-even point, compute the...
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 Selling price per taco $ 3.40 $ 5.00 Variable cost per taco 1.70 2.50 Expected sales (tacos) 190,000 293,000 The total fixed costs for the company are $116,000. Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix would be 43 percent chicken and 57 percent fish at...
Problem 4-14 Culver Tennis Racquet Co. produces and sells three models: Units sold Sales Less variable costs Contribution margin Less common fixed costs Profit Smasher 2,000 $160,300 73,800 $86,500 Basher 3,200 $168,100 69,600 $98,500 Dinker 3 ,200 $117,400 35,600 $81,800 Total 8,400 $445,800 179,000 266,800 141,900 $124,900 What is the weighted average contribution margin per unit? (Round answer to 2 decimal places, e.g. 15.25.) Weighted average contribution margins per unit LINK TO TEXT Calculate the break-even point in units assuming...
Homework Saved Help Save & Exit Sut Check my wol Exercise 3-47 (Algo) Multiproduct CVP Analysis (LO 3-4) 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 Fish $ 3.99 $ 5.40 1.95 2.70 209,000 303,000 The total fixed costs for the company are $122,000. Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix...
Bob's Business sells radios for $200. The variable costs per unit are $150 and fixed costs are $500,000. 1. The unit contribution margin is 2. The contribution ratio is 3. The variable expense ratio is 4. The break-even point in dollars is 5. How many radios must Bob's Business sell in order to earn a $100,000 profit? 6. What is Bob's Business's margin of safety in dollars at the $100,000 profit level? 7. What is Bob's operating leverage at the...
EXERCISES: Set A (continued) 30. Break-Even Point and Target Profit Measured in Units (Multiple Products a. Start by calculating the contribution margin for each product Sweater contribution margin- Jacket contribution margin- per unit per unit Then, calculate the weighted average contribution margin per unit: Weighted average contribution margin per unit = ) + ( b. The break-even point in units is calculated as: c. Break-even point in units for each product is: Sweater Jacket Total units (= units (= units...