mapter 18 1pm Points 100 Submitting an external tool Attempts a Allowed Attempts 1 Available Mar 16 at 11am - Mar 17 at 11pm 1 day LUS Kimmel, Accounting, 70 Hele System Announcements CALCULATOR NET Problem 18-03A Blossom Company botties and distributes B-uite, det soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cmts per bote. For the year 2020, management estimates the following revenues and costs Sales $1,950,000 Selling expenses variable $57,000 Direct materials 550,000 Selling expenses-wed 61,000 Direct labor 350,000 Administrative expenses varable 28.000 Manufacturing overhead variable 370,000 Administrative expenses-oxed 59,260 Manufacturing overhead-fied 260,000 Prepare a CVP Income statement for 2020 based on management's estimates BLOSSOM COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Prepare a CVP Income statement for 2020 based on management's estimates. BLOSSOM COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 > Calculate variable cost per bottle (Round variable cost per bottle to decimal places, JS Kimmel, Accounting, 7e Help System Announcements Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal pla Variable cost per bottle Compute the break-even point in (1) units and (2) dollars. (Round answers to decin units dy (1) Compute the break-even point (2) Compute the break-even point $ Compute the contribution margin ratio and the margin of safety ratio. (Round variable cas places, e... 25%,) Contribution margin ratio % Margin of safety ratio Determine the sales dollars required to earn net income of $210,000. (Round answer to od Required sales dollars Click if you would like to Show Work for this question: Ron Show Wet