Alpine Coffee Roasters reports the following information for November. Units produced and sold 23,800Per unit revenue and costs: Sales revenue$9.80Direct materials costs 0.50Direct labor costs 0.35Variable manufacturing overhead 0.25Fixed manufacturing overhead based on a volume of 23,800 units 2.20Variable marketing and administrative costs 0.95Fixed marketing and administrative costs based on a volume of 23,800 units 2.95 Required:Prepare a gross margin income statement.Prepare a contribution margin income statement.

1) Gross margin income statement: Particulars Amount $ Amount $ Sales revenue (23,800 units x…

Answered: Alpine Coffee Roasters reports the…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

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Alpine Coffee Roasters reports the following information for November.


Units produced and sold		23,800
Per unit revenue and costs:
Sales revenue	$	9.80
Direct materials costs		0.50
Direct labor costs		0.35
Variable manufacturing overhead		0.25
Fixed manufacturing overhead based on a volume of 23,800 units		2.20
Variable marketing and administrative costs		0.95
Fixed marketing and administrative costs based on a volume of 23,800 units		2.95

Required:

Prepare a gross margin income statement.
Prepare a contribution margin income statement.

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