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Ivanhoe Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge
Ivanhoe Company bottles and distributes B-Lite, 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 2022, management estimates the following revenues and costs. $1,650,000 Selling expenses-variable Sales $76,500 Direct materials 460,000 Selling expenses-fixed 51,000 Direct labor 330,000 Administrative expenses-variable 21,000 Manufacturing overhead-variable Manufacturing overhead-fixed 350,000 Administrative expenses-fixed 180,000 99,000 A Q Ac
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