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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