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need help with the following Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle
need help with the following
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 units (2) Compute the break-even point $ eTextbook and Media 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 Determine the sales dollars required to earn net income of $240,000. (Round answer to O decimal places, e-g. 1,225.) Required sales dollars $Wildhorse 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. Sales $1,850,000 Selling expenses-variable $95,000 Direct materials 470,000 Selling expenses-fixed 54,000 Direct labor 340,000 Administrative expenses-variable 30.000 Manufacturing overhead-variable 360,000 Administrative expenses-fixed 109,000 Manufacturing overhead-fixed 170,000 (a) Your answer is partially correct. Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, e-g. 0.251.) WILDHORSE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 V Total Per U Sales V 1,850.000 Variable Expenses V Cost of Goods Sold 1170000 Selling Expenses 95000 Administrative Expenses 30000 i Total Variable Expenses 1,295,000 i Contribution Margin 555.000 Fixed Expenses Manufacturing Overhead 170000 Selling Expenses 54000 Administrative Expenses 109000 i Total Fixed Expenses 333,000 Net Income/[Loss) 222.000Your answer is partially correct. Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, e-g. 0.251) WILDHORSE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 V Total Per Unit Percent of Sales 1,850.000 % 170000 95000 300 00 1,295,000 i 555.000 170000 54000 109000 333.000 $ 222 000Step by Step Solution
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