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Lime Juice Delights makes 50,000 cases yearly:Cost ItemCost per Case ($)Total Costs ($)Variable production costs201,000,000Fixed production...

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Question

Accounting

Lime Juice Delights makes 50,000 cases yearly:

Cost Item

Cost per Case ($)

Total Costs ($)

Variable production costs

20

1,000,000

Fixed production costs

9

450,000

Variable selling costs

7

350,000

Fixed selling/admin costs

5

250,000

Total costs

41

2,050,000

Lime Juice marks up 35% over costs. With a capacity of 10,000 more cases, a Canadian retailer offers 8,000 cases at $55/case. Extra costs: $4/case. Prepare the cost of goods sold statement for this order.

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