Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Just need the last one answered, tried 3,066,667 and 3,066,666.67 but neither worked. Sandhill Company bottles and distributes B-Lite, a diet soft drink. The beverage
Just need the last one answered, tried 3,066,667 and 3,066,666.67 but neither worked.
Sandhill Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs. Sales $ 87,000 61,000 Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $ 1,800,000 Selling expenses--variable 420,000 Selling expenses-fixed 400,000 Administrative expenses-variable 420,000 Administrative expenses--fixed 23,000 99,000 110,000 Sales $ 1800000 Variable Expenses Cost of Goods Sold $ 1240000 i Administrative Expenses 23000 i Selling Expenses 87000 i Total Variable Expenses 1350000 Contribution Margin 450000 Fixed Expenses Manufacturing Overhead 110000 i Administrative Expenses 99000 i Selling Expenses 61000 i Total Fixed Expenses 270000 Net Income/(Loss) 180000 Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, es 0.251.) Variable cost per bottle $ $ 45 Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to decimal places, es 1,225.) (1) Break-even point 1080000 units (2) Break-even point $ 1800000 Your answer is incorrect. Determine the sales dollars required to earn net income of $ 190,000 Required sales Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started