FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Total Variable Expenses
Contribution Margin
Fixed Expenses
Manufacturing Overhead
Selling Expenses
Administrative Expenses
Total Fixed Expenses
Net Income Los)
Sales
Variable Expenses
Cost of Goods Sold
Seting Expenses
Selling Expenses
Total Variable Expenses
Contribution Margin
Flied Expenses
420000
109000
Total
190000
50000
52000
420000
109000
31, 2022
2000000
21000
300000
Total
Per Unit
For the Year Ending December 31, 2022
200000
21000
2000000
21000
50
1500000
500000
15000
Per Unit
Percent of Sales
5000
15000
5000
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Transcribed Image Text:Total Variable Expenses Contribution Margin Fixed Expenses Manufacturing Overhead Selling Expenses Administrative Expenses Total Fixed Expenses Net Income Los) Sales Variable Expenses Cost of Goods Sold Seting Expenses Selling Expenses Total Variable Expenses Contribution Margin Flied Expenses 420000 109000 Total 190000 50000 52000 420000 109000 31, 2022 2000000 21000 300000 Total Per Unit For the Year Ending December 31, 2022 200000 21000 2000000 21000 50 1500000 500000 15000 Per Unit Percent of Sales 5000 15000 5000
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
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Transcribed Image Text: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
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