Assume that projected revenue for 2018 is 1,058,949. Also assume the following projected 2018 costs in each of the cost categories from question one:Packaged (Cans & Bottles) $140,847 Kegs $65,238 Shrinkage/WIP Loss $42,000 Contract Labor $9,000 Direct Labor $240,000 Freight $18,000 Consumer Advertising $30,000 Trade Promotion $30,000 Sales Promotion $18,000 Salaries & Benefits $180,000 Given these costs, compute Shannon’s projected contribution in dollars.

Introduction:- The following formula used to calculation of contribution margin as follows:-…

Answered: Assume that projected revenue for 2018…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Assume that projected revenue for 2018 is 1,058,949. Also assume the following projected 2018 costs in each of the cost categories from question one:

Packaged (Cans & Bottles)	$140,847
Kegs	$65,238
Shrinkage/WIP Loss	$42,000
Contract Labor	$9,000
Direct Labor	$240,000
Freight	$18,000
Consumer Advertising	$30,000
Trade Promotion	$30,000
Sales Promotion	$18,000
Salaries & Benefits	$180,000

Given these costs, compute Shannon’s projected contribution in dollars.

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