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Sheridan 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) Your answer is incorrect. (2) Break-even point $2,000,000 480,000 Break-even point 330.000 350.000 280,000 expenses-variable Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to O decimal places, e.g. 1,225.) Selling Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $212,000 50.000 28.000 90,000 units

Sheridan 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) Your answer is incorrect. (2) Break-even point $2,000,000 480,000 Break-even point 330.000 350.000 280,000 expenses-variable Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to O decimal places, e.g. 1,225.) Selling Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $212,000 50.000 28.000 90,000 units

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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Sheridan 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 Your answer is incorrect. (1) Break-even point (2) $2,000,000 480,000 Break-even point 330.000 350.000 280,000 expenses-variable Selling Selling expenses-fixed Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to O decimal places, e.g. 1,225.) Administrative expenses-variable Administrative expenses-fixed $212,000 50,000 28.000 90,000 units
Transcribed Image Text:Sheridan 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 Your answer is incorrect. (1) Break-even point (2) $2,000,000 480,000 Break-even point 330.000 350.000 280,000 expenses-variable Selling Selling expenses-fixed Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to O decimal places, e.g. 1,225.) Administrative expenses-variable Administrative expenses-fixed $212,000 50,000 28.000 90,000 units
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