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Blossom Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for...

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Accounting

Blossom 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.

Sales $ 1,850,000 Selling expensesvariable $ 111,000
Direct materials 460,000 Selling expensesfixed 54,000
Direct labor 340,000 Administrative expensesvariable 24,000
Manufacturing overheadvariable 360,000 Administrative expensesfixed 102,250
Manufacturing overheadfixed

260,000

Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.)

Variable cost per bottle

$ enter Variable cost per bottle in dollars rounded to 3 decimal places

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