Question
Assume that projected revenue for 2015 is 1,054,916. Also assume the following projected 2015 costs in each of the cost categories from question one: Packaged
Assume that projected revenue for 2015 is 1,054,916. Also assume the following projected 2015 costs in each of the cost categories from question one:
| Packaged (Cans & Bottles) | $131,649 |
|
| Kegs | $77,709 |
|
| Shrinkage/WIP Loss | $42,000 | |
| Contract Labor | $9,000 | |
| Direct Labor | $240,000 | |
| Freight | $18,000 | |
| Consumer Advertising | $30,000 | |
| Trade Promotion | $30,000 | |
| Sales Promotion | $18,000 | |
| Salaries & Benefits | $180,000 |
Given these costs, compute Shannons projected contribution margin in dollars.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Cassy Budd
13th International Edition
1265042616, 9781265042615
