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2 years ago

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

Business

1 answer:

postnew [5]2 years ago

7 0

Answer:

1. $858,000

2. Chicken = 24,000 units and Fish = 36,000 units

Explanation:

The computation is shown below:

1. The anticipated level of profits for the expected sales volumes is

= Expected sales of chicken × (Selling price per taco - Variable cost per taco) + Expected sales of fish × (Selling price per taco - Variable cost per taco) - total fixed cost

= 200,000 × ($3 - $1.50) + 300,000 × ($4.50 - $2.25) - $117,000

= $300,000 + $675,000 - $117,000

= $858,000

2. The break even volume is

Let we assume the sale units be X

So, total units sold for chicken = 40X

And, for the fish it is = 60X

Sale units of chicken × (Selling price per taco - Variable cost per taco) + Sale units of chicken × (Selling price per taco - Variable cost per taco) = Total Fixed cost

0.40X × (3 – 1.50) + 0.60X × (4.50 – 2.25) = $117,000

0.60X + 1.35X = $117,000

1.95X = $117,000

So, the X is 60,000 units

So for chicken it is 60,000 × 40% = 24,000 units

And for fish it is 60,000 × 60% = 36,000 units

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Answer:

Explanation:

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2 years ago

Forte Co., had 3,000 units of work in process on April 1 that were 60% complete. During April, 11,000 units were started and as

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Answer:

a. 10,000 units

Explanation:

The computations of units completed are shown below:

= Beginning work in process units + units started - closing work in process units

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= 10,000 units

For this question, we ignored the equivalent units as the question has asked about the completed units only

So, all other information is irrelevant

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2 years ago

Decko Industries reported the following monthly data: Units produced 52,000 units Sales price $ 33 per unit Direct materials $ 1

Rus_ich [418]

Answer:

$1,275,000

Explanation:

The computation of the contribution margin is shown below:

As we know that

Contribution margin = Sales - variable cost

Selling price per unit - variable cost per unit

And, the direct material per unit, direct labor per unit, and the Variable overhead per unit are variable cost

So, if 50,000 units are sold, the contribution margin per unit is

= 50,000 × ($33 - $1.50 - $2.50 - $3.50)

= $1,275,000

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1 year ago

Lucky louie just won the lottery!! he has a choice of taking $1,000,000 in cash or receiving $50,000 per year for 30 years begin

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1 year ago

Read 2 more answers

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Sveta_85 [38]

Answer:

Explanation:

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