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Please solve quickly! Thank you! Crane Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16 -ounce
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Crane 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 2025 , management estimates the following revenues and costs. Prepare a CVP income statement for 2025 based on management's estimates. (Round per unit answers to 3 decimal places, e.g. 0.251.) Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251. ) Variable cost per bottle $ Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to 0 decimal places, e.g. 1,225.) (1) Break-even point units (2) Break-even point \$ Compute the contribution margin ratio and the margin of safety ratio. Contribution margin ratio % Compute the contribution margin ratio and the margin of safety ratio. Contribution margin ratio % Margin of safety ratio % Determine the sales dollars required to earn net income of $180,000. Required sales $Step by Step Solution
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