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University Of California, Los Angeles Operations And Supply Chain Management Assignment Help - profit or loss


Question - Golden Star Winery produces midlevel wines consumed primarily in North America. Given below is
the projected income statement for the company for 2011.
Projected Income Statement (2011)
Sales (100,000 cases at $7 per case) $700,000
Cost of goods sold:
Materials $180,000
Labor $225,000
Fixed manufacturing expenses $45,000
Administrative and selling expenses:
Delivery $30,000
Commissions $50,000
Advertising $10,000
Travel $5,000
Fixed administrative and selling expenses $15,000
Total expenses $560,000
Net income before taxes $140,000
Create a report answering the following questions:
ï‚· Complete the following table in a fully functional Microsoft Excel spreadsheet.

Price Quantity Total
Revenue
Total V ...Read More

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