Blossom Company | |||
CVP Income Statement(Estimated) | |||
Sales | 1500000 | ||
Variable expenses: | |||
Cost of goods sold | 1090000 | =410000+330000+350000 | |
Selling expenses | 90000 | ||
Administrative expenses | 20000 | ||
Total Variable expenses | 1200000 | ||
Contribution margin | 300000 | ||
Fixed expenses: | |||
Cost of goods sold | 150000 | ||
Selling expenses | 50000 | ||
Administrative expenses | 40000 | ||
Total Fixed expenses | 240000 | ||
Net income | 60000 | ||
2 | |||
Variable cost per bottle | 0.40 | =1200000/3000000 | |
3 | |||
(1) Break-even point | 2400000 | units | =240000/(0.5-0.4) |
(2) Break-even point | 1200000 | =2400000*0.5 | |
4 | |||
Contribution margin ratio | 20% | =300000/1500000 | |
Margin of safety ratio | 20% | =(1500000-1200000)/1500000 | |
5 | |||
Required sales dollars | 1950000 | =(240000+150000)/20% |
Blossom Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50...
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Cullumber Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2020, management estimates the following revenues and costs Sales Direct materials $1.800.000 510,000 390.000 410.000 Selling expenses variable Selling expenses-fod Administrative Direct labor Manufacturing overhead variable Manufacturing overhead-foed CULLUMBER COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Calculate variable cost per bottle. (Round variable...