Bellcamp's Juice's Inc. manufacturers and sellls apple and orange juice. Product line data for 2019-2021 are shown below. Apple Juice Gallons (in thousands) Price ($s/gallon) Variable Cost ($/gallon) Total Fixed Costs (thousands) Orange Juice Gallons (in thousands) Price ($s/gallon) Variable Cost ($/gallon) Total Fixed Costs (thousands) 2021 950 $2.87 $1.15 $675 2021 1625 $3.70 $1.93 $924 2020 900 $2.80 $1.09 $600 2020 1700 $3.75 $1.93 $983 2019 850 $2.71 $1.03 $590 2019 1775 $3.80 $1.92 $995

Bellcamp's Juice's Inc. manufacturers and sellls apple and orange juice. Product line data for 2019-2021 are shown below. Apple Juice Gallons (in thousands) Price ($s/gallon) Variable Cost ($/gallon) Total Fixed Costs (thousands) Orange Juice Gallons (in thousands) Price ($s/gallon) Variable Cost ($/gallon) Total Fixed Costs (thousands) 2021 950 $2.87 $1.15 $675 2021 1625 $3.70 $1.93 $924 2020 900 $2.80 $1.09 $600 2020 1700 $3.75 $1.93 $983 2019 850 $2.71 $1.03 $590 2019 1775 $3.80 $1.92 $995

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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Carla Vista Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $2,000,000 550,000 400,000 420,000 190.000 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $109,000 58,000 21,000 52.000
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