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Utech company bottles and distributes livit a diet soft

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Utech Company bottles and distributes Livit, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers who charge customers 75 cents per bottle. For the year 2008, management estimates the following revenues and costs.

  • Net sales $1,800,000
  • Direct materials 430,000
  • Direct labor 352,000
  • Manufacturing overhead - variable 316,000
  • Manufacturing overhead - fixed 283,000
  • Selling expenses - variables 70,000
  • Selling expenses - fixed 65,000
  • Administrative expenses - variables 20,000
  • Administrative expenses - fixed 60,000

Reference no: EM13596086

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