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Jorge 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

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Jorge 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. (a) Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, eg. 0.251.) Fixed Expenses Manufacturing Overhead Selling Expenses Administrative Expenses y Total Fixed Expenses Net income/(Loss) eTextbook and Media Attempts: unlimited Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, eg. 0.251.) Variable cost per bottle eTextbook and Media Attempts: (b) Your answer is correct. Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to 0 decimal places, eg. 1,225.) (1) Break-even point units (2) Break-even point Your answer is correct. Compute the contribution margin ratio and the margin of safety ratio. Contribution margin ratio Margin of safety ratio 8 % eTextbook and Media (d) Determine the sales dollars required to earn net income of $180,000

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