Problem 5-3A (Video) Carla Vista 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 $1,980,000 Selling expenses-variable $110,000 Direct materials 430,000 Selling expenses-fixed 62,000 Direct labor 400,000 Administrative expenses--variable 26,000 Manufacturing overhead-variable 420,000 Administrative expenses--fixed 133,200 Manufacturing overhead--fixed 280,000 Prepare a CVP income statement for 2020 based on management's estimates. CARLA VISTA COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 1,980,000 Sales Variable Expenses Cost of Goods Sold Selling Expenses Administrative Expenses Total Variable Expenses CARLA VISTA COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Sales 1,980,000 Variable Expenses Cost of Goods Sold > $ Selling Expenses > Administrative Expenses Total Fixed Expenses Net Income/(Loss) Calculate variable cost per bottle. (Round variable cost per bottle to 3 decima Weygandt, Managerial Accounting, de Help System Announcements Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal pla Variable cost per bottle Compute the break-even point in (1) units and (2) dollars. (Round answers to O deci units (1) Compute the break-even point (2) Compute the break-even point $ Compute the contribution margin ratio and the margin of safety ratio. (Round variable 25%.) % Contribution margin ratio Margin of safety ratio % Determine the sales dollars required to earn net income of $180,000. (Round answer to Required sales dollars $ Click if you would like to Show Work for this question: Open Show Work Te to search