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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 79 cents per bottle. For the year 2010, management estimates the following revenues and costs.

  • Net sales $1,804,110 Selling expenses-variable $72,570
  • Direct materials 425,563 Selling expenses-fixed 63,800
  • Direct labor 351,120 Administrative expenses-variable 24,200
  • Manufacturing overhead-variable 317,260 Administrative expenses-fixed 58,272
  • Manufacturing overhead-fixed 285,180
  • Compute the break-even point in (1) units and (2) dollars.
    • Compute the contribution margin ratio and the margin of safety ratio.
    • Determine the sales dollars required to earn net income of $236,600.

Reference no: EM13600650

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