alternative cost, Cost Accounting

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


Chicken Fish
Selling price per taco $3.00 $4.50
Variable cost per taco 1.50 2.25
Expected sales (tacos) 200,000 300,000

--------------------------------------------------------------------------------



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 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? (Round up your Break-Even Volume to the nearest whole unit.)


Related Discussions:- alternative cost

Implementation of re-apportionment of overheads, Implementation of Re-Appor...

Implementation of Re-Apportionment of Overheads The re-apportionment of service department costs may be implemented in a number of methods. The Two extremes are as a) Wh

Example of high - low method of cost estimation, Example of High - Low Meth...

Example of High - Low Method of Cost Estimation Based on the performance, such you have been provided along with the given information regarding ABC Ltd for the year ended on

Compute cost, Your company completed the East Side subdivision. The costs a...

Your company completed the East Side subdivision. The costs are shown in Figure 11-4. The site concrete labor and outside lighting were done by subcontractors. The grading and exca

Period costs, Period Costs Some terms are difficult to define. In one s...

Period Costs Some terms are difficult to define. In one school of thought, period costs are the any costs that are not product costs. But, such a description is a stretch, beca

cost behavior, Total fixed cost at different level of productio

Total fixed cost at different level of production

High - low method of cost estimation, High - Low Method of Cost Estimation ...

High - Low Method of Cost Estimation Now, cost estimation is based upon the relationship between past level and past cost of activity. Variable cost is based on the relationsh

Fixed costs, Fixed Costs Are costs such do not change along with of th...

Fixed Costs Are costs such do not change along with of the level of output? It is also named as autonomous cost, as it stays the similar irrespective of the activity level as

What is chargeback, A process in the industry where a wholesaler needs an a...

A process in the industry where a wholesaler needs an amount that is the difference among the manufacturer's price to the wholesaler and the contract price to the resale customer.

Cost component, Identify the individual cost components and the total cost ...

Identify the individual cost components and the total cost of delivering the product from supplier to retailer.   Identify each cost in terms of the incremental addition to the pro

ECONOMIC ORDER QUANTITY, ANNUAL DEMAND = 2400 UNITS ORDERING COST PER UNIT ...

ANNUAL DEMAND = 2400 UNITS ORDERING COST PER UNIT = RS.4.00/- UNIT PRICE = RS 2.40/- STORAGE COST = 2% P.A INTEREST RATE = 10 % P.A LEAD TIME = HALF MONTH CALCULATE ECONOMIC ORDER

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd