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Oriole Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers
Oriole Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 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. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed (a) Your answer is correct. $2,040,000 500,000 390,000 Administrative expenses-variable 410,000 Administrative expenses-fixed Selling expenses-variable Selling expenses-fixed 240,000 Prepare a CVP income statement for 2022 based on management's estimates. ORIOLE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 $107,000 57,000 21,000 162,000 Oriole Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 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. (a) Prepare a CVP income statement for 2022 based on management's estimates. ORIOLECOMPAWY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Cost of Goods Sold Selling Expenses Administrative Expenses : Total Varlable Expenses Contribution Margin Fixed Expenses Selling Expenses Administrative Expenses Cost of Goods Sold Total Fixed Expenses Net Income/(Loss) $ 1300000 F \begin{tabular}{|l|l|} \hline 107000 & i \\ \hline 21000 & i \\ \hline \end{tabular} \begin{tabular}{r} 1428000 i \\ \hline \\ 612000 \end{tabular} \begin{tabular}{|c|} \hline 57000 \\ \hline 162000 \\ \hline 240000 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline & 459000 i \\ \hline$ & 153000 \\ \hline \end{tabular} Calculate variable cost per bottie. (Round variable cost per bottle to 2 decimal places, es. 0.25.) Variable cost per bottle F Your answer is incorrect. Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, eg. 1, 225.) (1) Compute the break-even point units (2) Compute the break-even point
Oriole Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 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. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed (a) Your answer is correct. $2,040,000 500,000 390,000 Administrative expenses-variable 410,000 Administrative expenses-fixed Selling expenses-variable Selling expenses-fixed 240,000 Prepare a CVP income statement for 2022 based on management's estimates. ORIOLE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 $107,000 57,000 21,000 162,000
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