Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Monthly Report on Cola Bottling Line Diet Regular Cherry Grape Sales $142,500 $95,000 $27,300 $7,175 Total $271,975 Materials Less: Direct labor Fringe benefits on
Monthly Report on Cola Bottling Line Diet Regular Cherry Grape Sales $142,500 $95,000 $27,300 $7,175 Total $271,975 Materials Less: Direct labor Fringe benefits on direct labor Indirect costs (@260% of direct labor) Gross margin Return on sales (see note [a]) 50,000 38,000 11,480 3,975 103,455 17,500 10,500 2,800 450 31,250 7,000 4,200 1,120 180 12,500 45,500 27,300 7,280 1,170 81,250 $ 22,500 $15,000 $ 4,620 $1,400 $ 43,520 15.8% 15.8% 16.9% 19.5% 16.0% Volume Unit price Unit cost 75,000 50,000 $ 1.90 $ 1.90 14,000 1.95 3,500 142,500 2.05 1.91 $ 1.60 $ 1.60 $ 1.62 $ 1.65 $ 1.60 a Return on sales before considering selling, general and administrative expenses. Materials Direct labor Fringe benefits on direct labor Setup costs Production run costs Product costs Machine costs Total costs Volume Cost per unit Unit Costs on Cola Bottling Line Diet Regular Cherry Grape Total Cost of vanilla cola per unit Total cost of vanilla cola produced Indirect labor $31,250 Fringe benefits on indirect labor 12,500 Information technology 19,500 Machinery depreciation 10,500 Machinery maintenance 5,000 Energy Total 2,500 $81,250
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