Cullumber Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers.For the year 2022, management estimates the following revenues and costs.Sales$1,650,000Selling expenses-variable$73,000Direct materials520,000Selling expenses-fixed52,000Direct labor340,000Administrative expenses-variable27,000Manufacturing overhead-variable360,000Administrative expenses-fixed59,000Manufacturing overhead-fixed120,000 Determine the sales dollars required to earn net income of $230,000.Required sales$

fixed expenses manufactured over head = 120000selling expenses =52000adminstrative expenses = 59000…

Answered: Cullumber Company bottles and…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

Engineering Management questionWhat may be used as aids in planning
Question 1: After Spending several weeks on the job, Haleema was surprised to discover that her Uncle had not formally evaluated any employee's performance for all the years that he had owned the business. Waqar position was that he had "a hundred higher-priority things to attend to," such as boosting sales and lowering costs, and, in any case, many employees didn't stick around long enough to be appraisable anyway. Furthermore, contended Waqar, manual workers such as those doing the pressing and the cleaning did periodically get positive feedback in terms of praise from Waqar for a job well done, or criticism, also from Waqar, If things did not look right during one of his swings through the stores. Similarly, Waqar was never shy about telling his managers about store problems so that they too, got some feedback on where they stood. This informal feedback notwithstanding, Haleema believes that a more formal appraisal approach is required. She believes that there are criteria such as…
Q1: There is the possibility of conflicts between stockholders and management in a large corporation. We called these conflicts agency problems and discussed how they might be controlled and reduced.
How to discuss summary.
Question Which activities involve putting the resources of the business into action to generate a profit? Question : Resources owned by a business are referred to as .Question : Jamie Company recorded the following cash transactions for the year:Paid $70,000 for salaries.Paid $20,000 to purchase office equipment.Paid $6,000 for utilities.Paid $7,000 in dividends.Collected $130,000 from customers.What was Jamies net cash provided by operating activities? Question On a classified balance sheet, prepaid insurance is classified as: .Question Which of the following should not be classified as a current asset? Question These are selected account balances on December 31, 2007.-Land (location of the corporations office building) $200,000-Land (held for future use) 300,000-Corporate Office Building 1,200,000-Inventory 400,000-Equipment 900,000-Office Furniture 200,000-Accumulated Depreciation 600,000What is the total NET amount of property, plant, and equipment that will appear on the balance…
Question #30 of 85 Question ID: 1251796 Debbie owns 100% of the common stock (3,750 shares, valued at $2,517,000) of Great West Linens Inc. Her daughters are full-time employees of the business. The business has a 10% average annual growth rate. Debbie has the following goals for the future: To further involve her daughters in the business To maintain control of the business to prevent its sale or liquidation during her lifetime To freeze the value of the business in her gross estate To receive sufficient income to maintain her current standard of living both currently and in retirement Which one of the following is the most appropriate form of business transfer for Debbie? A) A preferred stock recapitalization in which Debbie receives a majority of the shares with voting rights, a fixed liquidation value, and qualified income payments, and transfers other shares to her daughters B) A private annuity transaction with her daughters transferring all of her shares in…
need help with w...
Question 04 a) “The practice of investment refers to the buying of a financial product or any valued item withan anticipation that positive returns will be received in the future.” Brief the statement in termsof investment management.b) “How different stage of industry life cycle can motivate fundamental analysis of investmentdecision”. Justify
Question - “Management is the effective utilisation of Human and Material resources to achieve the enterprise’s objective”. discuss
vj subject-Accounting
Management question.. Explain the potential risks of overreliance on employee involvement without clear objectives.
Required: Create a Competitive Analysis for Hersheys Company Noted: details in the photo attached

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS