CourseLover

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About CourseLover

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 286 Weeks Ago, 3 Days Ago
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Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 19 Dec 2017 My Price 10.00

revenues and costs

Need help with these managerial accounting question. Thank you for your help.

 

Problem 19-2A (Part Level Submission) Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 78 cents per bottle. For the year 2014, management estimates the following revenues and costs. Sales $1,807,700 Selling expenses—variable $68,000 Direct materials 429,500 Selling expenses—±xed 66,400 Direct labor 357,100 Administrative expenses—variable 24,782 Manufacturing overhead—variable 313,700 Administrative expenses—±xed 60,500 Manufacturing overhead—±xed 285,100 (a) Your answer is correct. Prepare a CVP income statement for 2014 based on management’s estimates. JORGE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2014 $ $ Sales 1807700 Variable Expenses 1100300 Selling Expenses 68000 Administrative Expenses 24782 Total Variable Expenses 1193082 Contribution Margin 614618 Fixed Expenses Cost of Goods Sold 285100 Selling Expenses 66400 Administrative Expenses 60500 Total Fixed Expenses 412000

 

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CourseLover
(12)
Status NEW Posted 19 Dec 2017 02:12 PM My Price 10.00

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