Compute the break-even point in (1) units and (2) dollars. (Round answers to decimal places, eg. 1,225.) units (1) Compute the break-even point (2) Compute the break-even point $ SHERIDAN COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Sales 1,980,000 Variable Expenses Administrative Expenses y 27,000 Cost of Goods Sold 1.280,000 1 Selling Expenses 79.000 1 Total Vie Expenses 1.386.000 i Contribution Margin 594,000 Fixed Expenses Cost of Goods Sold Se pense Total Variable Expenses 1,386,000 Contribution Margin 594,000 Fixed Expenses Fired Expenses Cost of Goods Sold Selling Expenses . Administrative Expenses . Total Fixed Exp 445,500 Net Income/(Loss) 148.500 Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e8. 0.251.) unting dates Current Attempt in Progress Sheridan Company bou n d distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who chargustomers 75 cents per bottle. For the year 2020. management estimates the following revenues and costs Sales $1,980,000 Selling expenses-variable $79,000 Direct materials 500,000 Selling expenses-fixed 56,000 27,000 Direct labor 380,000 Administrative expenses-variable Manufacturing overhead-variable Administrative expenses-fod 179,500 400,000 210,000 Manufacturing overhead-fixed