Cullumber Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bot For the year 2022, management estimates the following revenues and costs. Sales $1,650,000 Selling expenses-variable $73,000 Direct materials 520,000 Selling expenses-fixed 52,000 Direct labor 340,000 Administrative expenses-variable 27,000 Manufacturing overhead-variable 360,000 Administrative expenses-fixed 59,000 Manufacturing overhead–fixed 120,000
Cullumber Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bot For the year 2022, management estimates the following revenues and costs. Sales $1,650,000 Selling expenses-variable $73,000 Direct materials 520,000 Selling expenses-fixed 52,000 Direct labor 340,000 Administrative expenses-variable 27,000 Manufacturing overhead-variable 360,000 Administrative expenses-fixed 59,000 Manufacturing overhead–fixed 120,000
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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![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
$1,650,000
Selling expenses-variable
$73,000
Direct materials
520,000
Selling expenses-fixed
52,000
Direct labor
340,000
Administrative expenses-variable
27,000
Manufacturing overhead-variable
360,000
Administrative expenses-fixed
59,000
Manufacturing overhead-fixed
120,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe545fd09-eb77-4890-bcfb-29db8d122cdd%2Fcf99e597-4150-4f15-bbbf-db1517de8401%2F6vfm7fs_processed.png&w=3840&q=75)
Transcribed Image Text: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
$1,650,000
Selling expenses-variable
$73,000
Direct materials
520,000
Selling expenses-fixed
52,000
Direct labor
340,000
Administrative expenses-variable
27,000
Manufacturing overhead-variable
360,000
Administrative expenses-fixed
59,000
Manufacturing overhead-fixed
120,000
![Determine the sales dollars required to earn net income of $230,000.
Required sales
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe545fd09-eb77-4890-bcfb-29db8d122cdd%2Fcf99e597-4150-4f15-bbbf-db1517de8401%2Fjtlpiwr_processed.png&w=3840&q=75)
Transcribed Image Text:Determine the sales dollars required to earn net income of $230,000.
Required sales
$
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