Pro De be und der bereits per un altre, we care 1,100,000 18.00 430,000 1.00 27.000 Marata tales 1000 230,000 Victor 300 m ORTOLE COMPANY CVP Income Statement Estimate For the Year Ending December 31, 2030 Citate variable cost per bottle Poudarecer bottle to decimal places ) Variables per bottle Computer the break even point im 1) anks and (2) dolers (round wer to decimal no. 329) (1) Compute the units (2) Com the event Compute the contribution margin rate and the marginer te patisse warme cost per baie to 3 cm s. and a www. Contribution margin to Marginata Determine the sales dollars required to earn net income of $250,000 (ound wer to doma. 1.3) Required a dollars Click if you would like to show Work for this question on work LUS Kimmel, Accounting, 70 Help System Announcements CALCULATOR PRINTER VERSION ES Problem 18-03A Oriole 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. Sales $1,860,000 Selling expenses variable $118,000 Direct materials 430,000 Selling expenses-fixed 61,000 Direct labor 400,000 Administrative expenses-variable 27,000 Manufacturing overhead-variable 420,000 Administrative expenses-Fixed 81,000 Manufacturing overhead-fixed 230,000 Prepare a CVP Income statement for 2020 based on management's estimates ORIOLE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Na een OURCES RK Prepare a CVP income statement for 2020 based on management's estimates. 1-a2 ORIOLE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Administrative Expenses Contribution Margin Cost of Goods Sold Fixed Expenses Net Income/(L03) Sales Selling Expenses Total Fixed Expenses Total Varlable Expenses Variable Expenses Gross Profit Y Study > > > Prepare a CVP Income statement for 2020 based on management's estimates. ORIOLE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 ENT RESOURCES OMEWORK 18-01 18.05 al 2 18.08 18-13 18-160 18-01A 2 18-03A 18:04A Score Results by Study > >> > > > CALCULATOR RCES Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, eg. 0.255) Variable cost per bottle $ Compute the break-even point in (1) units and (2) dollars. (Round answers to decimal places, e.g. 1,225.) (1) Compute the break-even point units (2) Compute the break-even point udy $ Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, e.g. 0.25 ana decimal places, e.g. 259.) Contribution margin ratio % Margin of safety ratio 36 Determine the sales dollars required to earn net income of $250,000. (Round answer to o decimal places, e.g. 1,225.) Required sales dollars Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used HOMEWORK Points 12 Submitting an external tool Attempts 1 Allowed Attempts 1 Avaliable Mar 3 at 11:30am - Miram S Kimmel, Accounting, 7o Problem 1-OBA Oriole Company bottles and distributes Buit, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge bartie. For the year 2020, management estimates the following revenues and costs $1,860,000 Selling expenses variable $110,000 Direct materials 430,000 Selling expenses-fixed 61,000 Direct labor 400,000 Administrative expenses-variable 27,000 Manufacturing overhead-variabile 420,000 Administrative expenses-fixed 81,000 Manufacturing overhead-faced 239,000 Prepare a CVP Income statement for 2020 based on management's astimates. ORIOLE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020
