Jones Soda, Inc. (JSDA) develops, produces, and distributes premium beverages in the United States and internationally. JSDA's strategy is to focus on their core brand, Jones Soda, while also investing in their new margin initiatives. The Company's four product segments currently consists of: Jones Soda, Lemoncocco, Fountain, and Limiteds. JSDA provided cost accounting and inventory information for the year as follows: 20X1 $2.00 Cost Accounting Information Sales price per unit Variable costs (per unit) Direct materials Direct labor Selling and marketing Fixed costs (per year) Manufacturing overhead General and administrative Number of units sold $1.00 $0.05 $0.20 $2,511,600 $1,883,700 6,279,000 Inventory Raw materials inventory Work in process inventory Finished goods inventory Total inventory 12/31/20X0 12/31/20X1 $ 451,000 $ 401,000 160,000 181,000 1,106,000 948,000 $ 1.717.000 $ 1.530,000 JSDA's management turned around an operating loss in 20X0 into a modest income in 20X1. They are concerned about future profitability especially given that in this competitive industry, pricing is largely driven by external demand. Assume that ISDA has enough capacity to produce and sell 15% more units in its relevant range. point) Use information from page to compute the following Show and label your work below and/or ons back page (cross-referencing items a through n). a Vacable cont per unit #1.25 OM DL 6. Prime cost per unit DL al Conversion cost per unit . Full berption cost per unit & 1.65 % e Full cost per unit 1.65 +.3 Contribution margin per unit Z - 145 Raw materials purchased Asik - 160 - folk Nota h. Cost of goods manfictured bok - A poy-1914 161, 127,00ot/4 L Cost of goods sold 06.00 - 21.00 Gross margin 112.5% - 2 colok k. Gross margin percentage ( ) TOLD O 92% ok 1. Penod costs 2 slibet 1.842,700 4 39 3300 4 m. Operating income (Absorption costing) VO 5.000-3000 578 700 os n. Change in income if sales increase by TOR 60,90%900 Z-12 502,00 cab Bonal- Jones Soda, Inc. (JSDA) develops, produces, and distributes premium beverages in the United States and internationally. JSDA's strategy is to focus on their core brand, Jones Soda, while also investing in their new margin initiatives. The Company's four product segments currently consists of: Jones Soda, Lemoncocco, Fountain, and Limiteds. JSDA provided cost accounting and inventory information for the year as follows: 20X1 $2.00 Cost Accounting Information Sales price per unit Variable costs (per unit) Direct materials Direct labor Selling and marketing Fixed costs (per year) Manufacturing overhead General and administrative Number of units sold $1.00 $0.05 $0.20 $2,511,600 $1,883,700 6,279,000 Inventory Raw materials inventory Work in process inventory Finished goods inventory Total inventory 12/31/20X0 12/31/20X1 $ 451,000 $ 401,000 160,000 181,000 1,106,000 948,000 $ 1.717.000 $ 1.530,000 JSDA's management turned around an operating loss in 20X0 into a modest income in 20X1. They are concerned about future profitability especially given that in this competitive industry, pricing is largely driven by external demand. Assume that ISDA has enough capacity to produce and sell 15% more units in its relevant range. point) Use information from page to compute the following Show and label your work below and/or ons back page (cross-referencing items a through n). a Vacable cont per unit #1.25 OM DL 6. Prime cost per unit DL al Conversion cost per unit . Full berption cost per unit & 1.65 % e Full cost per unit 1.65 +.3 Contribution margin per unit Z - 145 Raw materials purchased Asik - 160 - folk Nota h. Cost of goods manfictured bok - A poy-1914 161, 127,00ot/4 L Cost of goods sold 06.00 - 21.00 Gross margin 112.5% - 2 colok k. Gross margin percentage ( ) TOLD O 92% ok 1. Penod costs 2 slibet 1.842,700 4 39 3300 4 m. Operating income (Absorption costing) VO 5.000-3000 578 700 os n. Change in income if sales increase by TOR 60,90%900 Z-12 502,00 cab Bonal
