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please help Cullumber Company bottles and distributes B-Lite a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers For
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Cullumber 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 $ 113,000 $ 1.750,000 460,000 50,000 Selling expenses-variable Selling expenses--fixed Administrative expenses-variable Administrative expenses-fixed 390,000 Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed 27,000 410,000 77.500 100,000 CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Sales $ 1750000 Variable Expenses Selling Expenses S 113000 Administrative Expenses 270001 Cost of Goods Sold 1260000 Total Variable Expenses V 1400000 Contribution Margin 350000 Fixed Expenses Selling Expenses 50000 Administrative Expenses 77500 Manufacturing Overhead 100000 Total Fixed Expenses 227500 Net Income toss) 122500 0.15/1 E CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Percent of Sales $ 1750000 $ % 113000 27000 1260000 1400000 i 96 350000 $ % 50000 77500 100000 227500 122500 Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, eg. 0.251.) Variable cost per bottle $ 2087500 eTextbook and Media X Your answer is incorrect. Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to decimal places, e.g. 1.225) 0 (1) Break-even point units (2) Break-even point $ e Textbook and Media * Your answer is incorrect. Compute the contribution margin ratio and the margin of safety ratio. Compute the contribution margin ratio and the margin of safety ratio. Contribution margin ratio % Margin of safety ratio % e Textbook and Media x Your answer is incorrect. Determine the sales dollars required to earn net income of $ 190,000. Required sales $ Step by Step Solution
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