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Coca-Cola Co. Cost Elements Amount ($) Direct Materials 350,000 Direct Labor 200,000 Factory Overheads 160,000 Selling and Distribution Expenses 120,000 Administrative Expenses 100,000 Units Produced

Coca-Cola Co.

Cost Elements

Amount ($)

Direct Materials

350,000

Direct Labor

200,000

Factory Overheads

160,000

Selling and Distribution Expenses

120,000

Administrative Expenses

100,000

Units Produced and Sold

20,000 units

Sales Revenue

1,000,000

Requirements:

  1. Compute the total manufacturing cost.
  2. Determine the cost per unit.
  3. Calculate the gross margin per unit.
  4. Find the total gross profit and net profit.

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