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Carla Vista Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottleto retailers. For the year

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Carla Vista Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottleto retailers. For the year 2022, management estimates the following revenues and costs. $ 2,000,000 550,000 Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed Selling expenses-variable Selling expenses --fixed Administrative expenses-variable Administrative expenses-fixed $ 109,000 58,000 21,000 400,000 420,000 52,000 190,000 (a) Your answer is partially correct. Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, e.g. 0.251.) CARLA VISTA COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Sales 2000000 SC Variable Expenses Selling Expenses $ 109000 Administrative Expenses 21000 Cost of Goods Sold 1370000 Total Variable Expenses 1500000 1.50C Contribution Margin 500000 0.500 Fixed Expenses CARLA VISTA COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Percent of Sales 2000000 $ 50 100% 109000 21000 i 1370000 1500000 1.500 75 % 500000 $ 0.500 25 % Selling Expenses 58000 Administrative Expenses 52000 Manufacturing Overhead 190000 1 Total Fixed Expenses 300000 i Net Income/Loss) 200000 X Your answer is incorrect. Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251) Variable cost per bottle $ 0.75 X Your answer is incorrect. Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to decimal places, eg. 1,225.) (1) Break-even point units (2) Break even point $ 75000 Compute the contribution margin ratio and the margin of safety ratio, Contribution margin ratio % Margin of safety ratio %

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