Jorge company bottles and distributes b-lite a diet soft

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Jorge 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 77 cents per bottle. For the year 2014, management estimates the following revenues and costs.

Sales
$1,820,000
Selling expenses-variable
$66,800
Direct materials
429,000
Selling expenses-fixed
66,400
Direct labor
352,000
Administrative expenses-variable
76,800
Manufacturing overhead-variable
313,000
Administrative expenses-fixed
62,400
Manufacturing overhead-fixed
283,000


Sales - 1820000

Variable Expenses

Cost of goods sold - ?

Selling expenses - 66800

administrative expenses - 76800

total variable expenses - ?

contribution margin - ?

Fixed expenses

Cost of goods sold - ?

Selling expenses - 66400

Administrative expenses - 62400

Total fixed expenses - ?

Net Income - ?

Reference no: EM13588310

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