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Paris Company bottles and distributos Blue Bullbovorago. The beverage is sold for $1.50 per bottle to retailers, who charge customers $1.75 per bottle. For the
Paris Company bottles and distributos Blue Bullbovorago. The beverage is sold for $1.50 per bottle to retailers, who charge customers $1.75 per bottle. For the year 2020, management estimates the following revenues and costs Sales $2,850,000 Selling expenses. variable Direct materials 380,000 Seling expenses fixed Direct labor 350,000 Administrativo exponsos. variablo Manufacturing overhead-variable 218,000 Administrative expensos - fored Manufacturing overhead-foced 180,000 $50,000 35,000 10,000 45,000 Instructions (a) Proparo a CVP Income statement for 2020 based on management estimates (show column for total amounts only) (b) Computo the break even point in (1) units and (2) dollars. (c) Compute the contribution margin ratio and the margin of safely ratio. (Round to the nearest full percent) (d) Determine the sales dollars requirod to earn not incomo of $180,000 TTTT Paragraph Aral (12pt) VEE.T. . %DO Q E ESE T'T, 259 :- Se supe 1 80 De
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