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help with all 5 parts of the problem! thank you :) Current Attempt in Progress Oriole Company bottles and distributes B-Lite, a diet soft drink.

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Current Attempt in Progress Oriole 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 75 cents per bottle. For the year 2020, management estimates the following revenues and costs. Sales $107.000 Direct materials 57,000 $2,040,000 Selling expenses --variable 500,000 Selling expenses-fixed 390,000 Administrative expenses--variable 410,000 Administrative expenses-fixed Direct labor 21,000 162,000 Manufacturing overhead-variable Manufacturing overhead-fixed 240.000 (a) Prepare a CVP income statement for 2020 based on management's estimates. ORIOLE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 $ $ 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 0 decimal places, e.g. 1,225.) (1) Compute the break-even point units (2) Compute the break-even point $ Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 2 decimal places, e.g. 0.25 and final answers to 0 decimal places, e.g. 25%.) Contribution margin ratio % Margin of safety ratio 96 Determine the sales dollars required to earn net income of $240,852. (Round answer to o decimal places, e.g. 1,225.) Required sales dollars $ Expert Answer was this answer helpful

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