homework 22

only part d please

Question 3 of 4 7.21 / 25 View Policies Show Attempt History Current Attempt in Progress Carla Vista Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs. Sales $2,000,000 Selling expenses-variable $109,000 Direct materials 550,000 Selling expenses-fixed 58,000 Direct labor 400.000 Administrative expenses--variable 21.000 Manufacturing overhead-variable 420.000 Administrative expenses-fixed 52.000 Manufacturing overhead-fixed 190,000 (a) Your Answer Correct Answer Your answer is partially correct. Drenare a rVD income statement for 2022 haced an management's actimatec (Daund nor unit aneware to 2 decimal nlaces Question 3 of 4 7.21 / 25 E Your Answer Correct Answer 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.) G. V. CARLA VISTA COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Sales $ 2000000 $ 0 Variable Expenses Cost of Goods Sold $ 1370000 i Selling Expenses . 109000 i Administrative Expenses 21000 i Total Variable Expenses 150000 Cost of Goods Sold . 1370000 1 Selling Expenses 109000 i Administrative Expenses 21000 i Total Variable Expenses 150000 Contribution Margin e $ 500,0 Fixed Expenses Cost of Goods Sold 190,000 Selling Expenses 58,000 Administrative Expenses - 52,000 Total Fixed Expenses 300,000 Net Income/(Loss) 200,000 CONCU CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Percent of Sales $ 2000000 0.500 % i i 15000000 0.375 % $ 500,000 0.125 % (51) Your Answer Correct Answer * 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 $ 10.80 e Textbook and Media Solution Attempts: 3 of 3 used Using multiple attempts has impacted your score. 15% score reduction after attempt 2 1h21 (62) Your answer is correct. Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to 0 decimal places, e.g. 1,225.) (1) Break-even point 2400000 units (2) Break-even point $ 1200000 e Textbook and Media Question 3 of 4 10.71 / 25 Your answer is correct. Compute the contribution margin ratio and the margin of safety ratio. Contribution margin ratio 25 % Margin of safety ratio 40 % e Textbook and Media Attempts: 2 of 3 used Using multiple attempts will impact your score. 15% score reduction after attempt 2 (d) Determine the sales dollars required to earn net income of $190,000. Required sales $