Ch18 Q12 b1

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Crane Company bottles and distributes B-uite, 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 2020, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $1,750,000 450,000 360,000 380,000 130.000 Selling expenses --Variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $96.500 63.000 26,000 69.500 (61) Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, 9.0.251) Variable cost per bottle $