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if some could solve all of these questions, that would be greatly appreciated!!! Thank you very much! Sandhill Company bottles and distributes B-Lite, a diet
if some could solve all of these questions, that would be greatly appreciated!!! Thank you very much!
Sandhill 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 2028, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $1,800,000 420,000 400,000 420,000 110,000 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $87,000 61,000 23,000 99,000 Prepare a CVP income statement for 2020 based on management's estimates. Sales SANDHILL COMPANY CVP Income Statement (Estimated) $ LA LA 1800000 Net Income/(Loss) > > tA $ Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $ eTextbook and Media Compute the break-even point in (1) units and (2) dollars. (Round answers to O decimal places, e.g. 1,225.) (1) Compute the break-even point (2) Compute the break-even point eTextbook and Media units Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, e.g. 0.25 and final answers to 0 decimal places, e.g. 25%) Contribution margin ratio Margin of safety ratio eTextbook and Media % Determine the sales dollars required to earn net income of $190,000. (Round answer to O decimal places, e.g. 1.225.) Required sales dollars $ Step by Step Solution
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