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ID: 2566440 • Letter: S

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Jorge 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 2017, management estimates the following revenues and costs.
Sales $1,600,000 Selling expenses—variable $50,000 Direct materials 450,000 Selling expenses—fixed 45,000 Direct labor 300,000 Administrative expenses—variable 40,000 Manufacturing overhead—variable 360,000 Administrative expenses—fixed 40,000 Manufacturing overhead—fixed 227,500

Explanation / Answer

Unit variable costs = (450000+300000+360000+50000+40000)/3200000= 0.375 Fixed costs = 227500+45000+40000= 312500 Required sales dollars =(312500+162500)/(0.5-0.375)= 3800000