JUMS/5632045?module_item_id=17192791 Carla Vista 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 Direct materials $110,000 $1,980,000 Selling expenses-variable 430,000 Selling expenses-fixed 400,000 Administrative expenses-variable 420.000 Administrative expenses-fixed Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed 62.000 26,000 133,200 280.000 Prepare a CVP income statement for 2020 based on management's estimates. CARLA VISTA COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 S 00 o BI 32 PM 6/26/2020 Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, eg. 0.251.) Variable cost per bottle $ e Textbook and Media 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 points e Textbook and Media o TT Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, e 0.25 and final answers to decimal places, e.g. 25%.) Contribution margin ratio Margin of safety ratio % % e Textbook and Media Determine the sales dollars required to earn net income of $180,000. (Round answer to decimal places, eg: 1.225) Required sales dollars S e Textbook and Media SMPM o BI JUMS/5632045?module_item_id=17192791 Carla Vista 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 Direct materials $110,000 $1,980,000 Selling expenses-variable 430,000 Selling expenses-fixed 400,000 Administrative expenses-variable 420.000 Administrative expenses-fixed Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed 62.000 26,000 133,200 280.000 Prepare a CVP income statement for 2020 based on management's estimates. CARLA VISTA COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 S 00 o BI 32 PM 6/26/2020 Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, eg. 0.251.) Variable cost per bottle $ e Textbook and Media 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 points e Textbook and Media o TT Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, e 0.25 and final answers to decimal places, e.g. 25%.) Contribution margin ratio Margin of safety ratio % % e Textbook and Media Determine the sales dollars required to earn net income of $180,000. (Round answer to decimal places, eg: 1.225) Required sales dollars S e Textbook and Media SMPM o BI
