Clark Company bottles and distributes chocolate-flavored soya milk. The beverage is sold for P25 per 237oz...

 

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Clark Company bottles and distributes chocolate-flavored soya milk. The beverage is sold for P25 per 237oz bottle to retailers. For Augsut 2020, the following were presented by the production manager: Sales Variable marketing and selling costs Fixed marketing and selling costs Variable general and administrative costs Fixed selling and administrative costs Variable other production costs Fixed other production costs Direct materials Direct labor What is the gross profit? What is the contribution margin? What is the net income? What is the total variable cost? What is the total fixed cost? What is the total conversion cost? What is the total prime cost? What is the total manufacturing cost? What is the total period cost? 180,000 7,000 6,500 2,000 6,000 31,600 28,300 43,000 35,200 Clark Company bottles and distributes chocolate-flavored soya milk. The beverage is sold for P25 per 237oz bottle to retailers. For Augsut 2020, the following were presented by the production manager: Sales Variable marketing and selling costs Fixed marketing and selling costs Variable general and administrative costs Fixed selling and administrative costs Variable other production costs Fixed other production costs Direct materials Direct labor What is the gross profit? What is the contribution margin? What is the net income? What is the total variable cost? What is the total fixed cost? What is the total conversion cost? What is the total prime cost? What is the total manufacturing cost? What is the total period cost? 180,000 7,000 6,500 2,000 6,000 31,600 28,300 43,000 35,200

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To calculate the various financial metrics for Clark Company well start with the given data Sales 180000 bottles Selling Price per bottle P25 Variable ... View the full answer