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Blossom 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 $1,500,000 410,000 330,000 350,000 150,000 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $90,000 50,000 20,000 40,000

Blossom 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 $1,500,000 410,000 330,000 350,000 150,000 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $90,000 50,000 20,000 40,000

FINANCIAL ACCOUNTING
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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eTextbook and Media 177 BLOSSOM COMPANY CVP Income Statement (Estimated) $ TUT Total $ $ BLOSSOM COMPANY CVP Income Statement (Estimated) Per Unit S Total Percent of Sales $ % % %
Transcribed Image Text:eTextbook and Media 177 BLOSSOM COMPANY CVP Income Statement (Estimated) $ TUT Total $ $ BLOSSOM COMPANY CVP Income Statement (Estimated) Per Unit S Total Percent of Sales $ % % %
Blossom 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 $1,500,000 410,000 330,000 350,000 150,000 Selling expenses variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $90,000 50,000 20,000 40,000
Transcribed Image Text:Blossom 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 $1,500,000 410,000 330,000 350,000 150,000 Selling expenses variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $90,000 50,000 20,000 40,000
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