Cullumber 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$1,650,000Selling expenses-variable$73,000Direct materials520,000Selling expenses-fixed52,000Direct labor340,000Administrative expenses-variable27,000Manufacturing overhead-variable360,000Administrative expenses-fixed59,000Manufacturing overhead-fixed120,000 Determine the sales dollars required to earn net income of $230,000.Required sales$

fixed expenses manufactured over head = 120000selling expenses =52000adminstrative expenses = 59000…

Answered: Cullumber Company bottles and…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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You are thinking about opening an oil change shop. Your fixed costs will be $14,500 per month. You will charge customers $30 for a lube-oil-filter. The cost of materials is in addition to your fixed costs and is estimated at $10 per customer. How many customers must you have each month in order to break even?
The entry to record cost of goods sold at the end of the month is a: Debit to Work in Process Inventory and a credit to Finished Goods Inventory. Debit to Cost of Goods Sold and a credit to Finished Goods Inventory. Debit to Finished Goods Inventory and a credit to Cost of Goods Sold. Debit to Finished Goods Inventory and a credit to Work in Process Inventory.
Calculate Return on assets given that: Profit = 10,000 Inventory = 2,000 Account Receiable = 3000 Cash = 5000 Fixed assets = 10,000 Group of answer choices 50% 60% 70% 80% 55%
All-Natural Coop makes three breakfast ccrcals, A, B, and C, from four ingredients: rolled oats, raisins, shredded coconuts, and slivered almonds. The daily availabilities of the ingredients are 5 tons, 2 tons, 1 ton, and 1 ton, respectively. The corresponding costs per ton are $100, $120, $110, and $200, respectively. Cereal A is a 50:5:2 mix of oats, raisins, and almond. Cercal B is a 60:2:3 mix of oats, coconut, and almond. Cercal C is a 60:3:4:2 mix of oats, raisins, coconul, and almond. The cercals are prodluced in jumbo 5-lb sizes. All-Natural sells A, B, and Cat $2.00, $2.50, and $3.00 per box, respectively. The minimum daily demand for cereals A. B, and C is 500, 600, and 500 boxes, respectively. Develop an LP model to determine the optimal production mix of the cereals and the associated amounts of ingredients, and find the solution using execl Solver
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part b

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