Reference no: EM13588310

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 - ?