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Accounting help! Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who
Accounting help!
Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 79 cents per bottle. For the year 2014, management estimates the following revenues and costs. Calculate variable cost per bottle. (Round variable cost per bottle to 2 decimal places, e.g. 0.25.) Variable cost per bottle $ Compute the break-even point In (1) units and (2) dollars. (Round answers to O decimal places, e.g. 1, 225.) Contribution margin ratio% Margin of safety ratio% Determine the sales dollars required to earn net income of $ 242, 900. (Round answers to O decimal places, e.g. 1, 225.) Required sales dollars$
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