problem 18-2A |
 |
Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 80 cents per bottle. For the year 2014, management estimates the following revenues and costs.
Sales |
|
$ 1,807,900 |
|
Selling expenses—variable |
|
$ 68,400 |
Direct materials |
|
427,000 |
|
Selling expenses—fixed |
|
67,400 |
Direct labor |
|
355,600 |
|
Administrative expenses—variable |
|
48,293 |
Manufacturing overhead—variable |
|
312,000 |
|
Administrative expenses—fixed |
|
64,900 |
Manufacturing overhead—fixed |
|
292,600 |
|
|
|
|
Warning  Need Help Writing an Essay?Tell us about your assignment and we will find the best writer for your paper. Write My Essay For Me
Ok
Cancel
|
|
|
 |
 |
Prepare a CVP income statement for 2014 based on management’s estimates.
Warning
Ok
Cancel
Show Solution |
Link to Text |
Link to Video |
|
|
|
|
|
|
 |
 |
 |
Calculate variable cost per bottle.(Round variable cost per bottle to 2 decimal places, e.g. 0.25.)
Warning
Ok
Cancel
Show Solution |
Link to Text |
Link to Video |
|
|
|
|
|
|
 |
 |
Compute the break-even point in (1) units and (2) dollars.(Round answers to 0 decimal places, e.g. 1,225.)
Warning
Ok
Cancel
Show Solution |
Link to Text |
Link to Video |
|
|
|
|
|
|
 |
 |
Compute the contribution margin ratio and the margin of safety ratio.(Round answers to 0 decimal places, e.g. 25%.)
Warning
Ok
Cancel
Show Solution |
Link to Text |
Link to Video |
|
|
|
|
|
|
 |
 |
Determine the sales dollars required to earn net income of $ 241,100 .(Round answers to 0 decimal places, e.g. 1,225.)
Warning
Ok
Cancel
Show Solution |
Link to Text |
Link to Video |
|
|
|
|
|
|
 |
 |
By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. |
|
|
Welcome to one of the most trusted essay writing services with track record among students. We specialize in connecting students in need of high-quality essay writing help with skilled writers who can deliver just that. Explore the ratings of our essay writers and choose the one that best aligns with your requirements. When you rely on our online essay writing service, rest assured that you will receive a top-notch, plagiarism-free A-level paper. Our experienced professionals write each paper from scratch, carefully following your instructions. Request a paper from us and experience 100% originality.
From stress to success – hire a pro essay writer!
