Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. lyann a cur vn p22-2a hytek company bottles and di

Lyann A Cur vn P22-2A Hytek Company bottles and distributes Livit, a diet soft drink....

90.2K

Verified Solution

Question

Accounting

Lyann A Cur vn P22-2A Hytek Company bottles and distributes Livit, a diet soft drink. The beverage is sold for 50 cents per 16 -ounce bottle to retailers, who charge customers 75 cenis per bottle. For the year 2012, management estimates the following revenues and costs. Net sales Direct materials Direct labor Marafacturing overheadvariable Manufacturing overheadfixced $1,800,000quad Selling expenses - variable 430,000 352,000 316.000 283,000 Selling expenses - fixed Administrative expensesvariable Administrative expenses fixed $70.000 65,000 20.000 60,000

Instructions

(a) Prepare a CVP income statement for 2012 based on management's estimates.

(b) Compute the break-even point in units

c) Compute the break-even point in dollars.

(d) Determine the sales dollars required to carn net

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

PLEASE SHOW ALL YOUR WORK!Dillard Company starts the year with $10,000 in its cashaccount,...PLEASE...

Accounting
Q

Two lab partners, Mary and Paul are both farsighted. Mary has a near point of 6.7...

Physics
Q

Calculate the mass of the sun from the radius of the earth's orbit (1.50×1011 m), the...

Physics
Q

From a surface measurement made by surface profilometer, the following point values were obtained. (The scale...

Mechanical Engineering
Q

Nash Company manufactures equipment. Nash’s products range from simple automated machinery to complex systems containing numerous components....

Accounting
Q

Two identical blocks of same metal are at 20 C and 80 C respectively Specific...

Physics
Q

A simple economy produces two goods Bread and Software Price and quantity data are as...

Basic Math
Q

The number of research articles in Physical Review that were written by researchers in the...

Basic Math
Q

Using the financial information for Ridgeland Heights Medical Center on page 42 of your textbook,...

Accounting
Q

The financial statements for Castile Products, Incorporated, are given below: \table[[\table[[Castile Products, Incorporated],[Income Statement]]],[,...

Accounting
Q

Find the price paid by each market (e.g., buyers, retailers, upstream 1&2) for the following...

Accounting
Q

Job Cost Journal Entries and T Accounts Following are certain operating data for Durango Manufacturing...

Accounting