(ii) What does the financial performance of the two product lines suggest abouttheir competitive position in their respective market segments? Bellcamp's Juice's Inc. manufacturers and sellls apple and orange juice.Product line data for 2019-2021 are shown below.Apple JuiceGallons (in thousands)Price ($s/gallon)Variable Cost ($/gallon)Total Fixed Costs (thousands)Orange JuiceGallons (in thousands)Price ($s/gallon)Variable Cost ($/gallon)Total Fixed Costs (thousands)Part A2021950$2.87$1.15$67520211625$3.70$1.93$9242020900$2.80$1.09$60020201700$3.75$1.93$9832019850$2.71$1.03$59020191775$3.80$1.92$995(i) What were Bellcamp's sales, gross profit, and gross profit margins for its two product llinesfor 2019-2021?

Lets understand the basics. For calculating total sales, we are requried to use below formula. Total…

Answered: ellcamp's Juice's Inc. manufacturers…

ellcamp's Juice's Inc. manufacturers and sellls apple and orange juice. roduct line data for 2019-2021 are shown below. pple Juice Gallons (in thousands) 2021 950 2020 900 2019 850

FINANCIAL ACCOUNTING

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ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Question

(ii) What does the financial performance of the two product lines suggest about
their competitive position in their respective market segments?

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)
Part A
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
(i) What were Bellcamp's sales, gross profit, and gross profit margins for its two product llines
for 2019-2021?

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