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please complete as early as. possible a. Instructions Calculate the net income for the year using the Cost Volume Profit (CVP) approach? Present your answer
please complete as early as. possible
a. Instructions Calculate the net income for the year using the Cost Volume Profit (CVP) approach? Present your answer in the CVP income statement format. b. Calculate the break-even point in units and dollars. How much is the contribution margin ratio. d. Explain the benefit for the company in knowing the break-even point C. The company Wake Up manufactures and distributes a bottled coffee cold drink. The company has been in business for 5 years. The coffee beverage is sold for $1.50 per bottle to retailers across North America. When the company is operating at 100% capacity, the following revenues and costs are estimated as follows: $35,000 14,000 Net sales Direct materials Direct labour $3 Million Selling expenses-variable 700,000 Selling expenses-fixed Administrative expenses- 1,000,000 variable 15,000 400,000 30,000 Manufacturing overhead- variable Manufacturing overhead-fixed Administrative expenses-fixed 170,000 Step by Step Solution
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