Cullumber Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers. 75 cents per bottle. For the year 2022, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed Sales Variable Expenses Cost of Goods Sold Selling Expenses Administrative Expenses Total Variable Expenses Contribution Margin Fixed Expenses Cost of Goods Sold Selling Expenses Saun fo Administrative Expenses Total Fixed Expenses Variable cost per bottle $1,800,000 130.000 expenses-variable 510,000 390,000 Administrative expenses-variable 410,000 Administrative expenses-fixed Selling Selling expenses-fixed CULLUMBER COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 6A 1310000 105000 i 25000 i 130000 i 62000 € QUARE 96000 $105,000 62,000 25,000 96,000 1800000 1440000 Calculate variable cost per bottle. (Round variable cost per bottle to 2 decimal places, e.g. 0.25., 360000 288000

Cullumber Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers. 75 cents per bottle. For the year 2022, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed Sales Variable Expenses Cost of Goods Sold Selling Expenses Administrative Expenses Total Variable Expenses Contribution Margin Fixed Expenses Cost of Goods Sold Selling Expenses Saun fo Administrative Expenses Total Fixed Expenses Variable cost per bottle $1,800,000 130.000 expenses-variable 510,000 390,000 Administrative expenses-variable 410,000 Administrative expenses-fixed Selling Selling expenses-fixed CULLUMBER COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 6A 1310000 105000 i 25000 i 130000 i 62000 € QUARE 96000 $105,000 62,000 25,000 96,000 1800000 1440000 Calculate variable cost per bottle. (Round variable cost per bottle to 2 decimal places, e.g. 0.25., 360000 288000

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter10: Cost Analysis For Management Decision Making

Section: Chapter Questions

Problem 16E

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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
Assume that total sales revenue for 2018 is projected to be $1081764. Assume also the following costs for Shannon's Brewery: Packaged (Cans & Bottles) Kegs Shrinkage/WIP Loss Contract Labor Direct Labor Freight Consumer Advertising Trade Promotion Sales Promotion Salaries & Benefits $150,000 $80,000 $42,000 $9,000 $240,000 $18,000 $31083 $26761 $18,000 $180,000 Compute Shannon's %NMC. Round your answer to the nearest percent. For example, if your computed answer is 99.4% your answer rounds down to 99%. If your computed answer is 99.5% you should round up to 100%. DO NOT INCLUDE THE % SIGN IN YOUR ANSWER.
Please prepare income statment
The contribution margin income statement of Unique Donuts for August 2024 follows: (Click the icon to view the contribution margin income statement.) Data table Unique Donuts Contribution Margin Income Statement Month Ended August 31, 2024 Net Sales Revenue Variable Costs: Cost of Goods Sold Selling Costs Administrative Costs Contribution Margin Fixed Costs: Selling Costs Administrative Costs Operating Income $ 32,300 17,200 1,300 42,210 14,070 $ $ - 127,000 50,800 76,200 56,280 19,920 Requirements Unique sells two dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $3.10, with total variable cost of $1.24 per dozen. A dozen custard-filled donuts sells for $7.20, with total variable cost of $2.88 per dozen. d-filled donuts 1. Calculate the weighted-average contribution margin. 2. Determine Unique's monthly breakeven point in dozens of plain donuts and custard-filled donuts. Prove your answer by preparing a summary contribution margin income…
Want Statment
Prepare an income statement using absorption costing:
Assume that projected revenue for 2018 is 1,255,160. Also assume the following projected 2018 costs in each of the cost categories from question one: Packaged (Cans & Bottles) Kegs Shrinkage/WIP $130,715 $65,801 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.
Please Solve with Explanation and Do nit Give Image format
Mafraq company produces and sells a tablets for $300 per unit. in 2020, 46.125 tablets were produced and 37.958 were sold. Other information for the year includes: Direct materials 540.00 per unit $ 5.00 per unit $ 7.50 per unit Direct manufacturing labor Variable manufactunng costs Fixed manufacturing costs $6250 per unit Admınistrative expenses, all fixed 53750 per unit -What is the inventoriable cost per unit using variabie costing $45.00 A O 552.50 .B O $65.00.CO S115.00.D O None of the above E O
Most work is done need help with Per Unit and Percent of Sales Section.
Sheridan Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2020, management estimates the following revenues and costs. Sales $1,980,000 Selling expenses—variable $79,000 Direct materials 500,000 Selling expenses—fixed 56,000 Direct labor 380,000 Administrative expenses—variable 27,000 Manufacturing overhead—variable 400,000 Administrative expenses—fixed 179,500 Manufacturing overhead—fixed 210,000 (A) Prepare a CVP income statement for 2020 based on management’s estimates. SHERIDAN COMPANYCVP Income Statement (Estimated)For the Year Ending December 31, 2020 select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed ExpensesNet Income/(Loss)SalesSelling ExpensesTotal Fixed…
Sheridan Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2020, management estimates the following revenues and costs. Sales $1,980,000 Selling expenses—variable $79,000 Direct materials 500,000 Selling expenses—fixed 56,000 Direct labor 380,000 Administrative expenses—variable 27,000 Manufacturing overhead—variable 400,000 Administrative expenses—fixed 179,500 Manufacturing overhead—fixed 210,000 (A) Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, e.g. 0.25 and final answers to 0 decimal places, e.g. 25%.) Contribution margin ratio enter the contribution margin ratio in percentages rounded to 0 decimal places % Margin of safety ratio enter the Margin of safety ratio in percentages rounded to 0 decimal places % (B)…