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Please help with part C. Cullumber Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle
Please help with part C.
Cullumber Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2020 , management estimates the following revenues and costs. CULLUMBER COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 \begin{tabular}{|llr|} \hline Sales & & 1800000 \\ \hline \end{tabular} Variable Expenses \begin{tabular}{|r|r|} \hline 105000 & i \\ \hline 25000 & i \\ \hline \end{tabular} \begin{tabular}{r|r|} \hline 1440000 & i \\ \hline 360000 \\ \hline \end{tabular} Fixed Expenses \begin{tabular}{|l|l|} \hline 130000 & i \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline 62000 & i \\ \hline \end{tabular} Administrative Expenses \begin{tabular}{|l|l|} \hline 96000 & i \\ \hline \end{tabular} Total Fixed Expenses Net Income/(Loss) \begin{tabular}{r|r|} \hline & 288000 \\ \hline$ \\ \hline \end{tabular} Your answer is correct. 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 b2) Your answer is correct. Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 1,225.) (1) Compute the break-even point units (2) Compute the break-even point \$ 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 % eTextbook and Media Attempts: 0 of 2 used (d) The parts of this question must be completed in order. This part will be available when you complete the part aboveStep by Step Solution
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