Question: Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $ Ivanhoe Company bottles and
Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $ Ivanhoe Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, For the year 2022, management estimates the following revenues and costs $76,500 $1,650,000 51,000 460,000 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed 21.000 Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed 330,000 99,000 350,000 180,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
