All Frute Company bottles and distributes Frute Ade, a fruit drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 70 cents per bottle. For the year 2014, management estimates the following revenues and costs. Sales $2,500,000 Selling expenses—variable $ 80,000 Direct materials 360,000 Selling expenses—? xed 250,000 Direct labor 450,000 Administrative expenses— Manufacturing overhead— variable 40,000 variable 270,000 Administrative expenses— Manufacturing overhead— ? xed 150,000 ? xed 380,000 Instructions (a) Prepare a CVP income statement for 2014 based on management’s estimates. (Show column for total amounts only.) (b) Compute the break-even point in (1) units and (2) dollars. (c) Compute the contribution margin ratio and the margin of safety ratio. (d) Determine the sales dollars required to earn net income of $624,000.
https://write-me-an-essay.com/wp-content/uploads/2021/08/logooo-300x75.png 0 0 developer https://write-me-an-essay.com/wp-content/uploads/2021/08/logooo-300x75.png developer2021-09-29 07:57:332021-09-29 07:57:33All Frute Company bottles and distributes Frute Ade, a fruit drink. The beverage is sold for... 1 answer below »
You might also like
Operational amplifier filter circuit. The op amp circuit shown in following is a practical... 1 answer below »
Question #1 The best strategies often fail not because they weren’t good strategies, but because the
Can you help re-writing this please? The purpose of this assignment is to analyze the requiredarticl
In what follows, ignore the negative impact that social distancing has on household income.... 1 answer below »
(a) A researcher analyzed an unknown solid, extracted from thebark of spruce trees, to determine its
Who we are
Find the best expert for your assignment in less than 30 seconds
Our smart matching system will connect you with the perfect expert for your requirements in no time.
+1 (289) 803-6873