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Question 9 of 9 9 5.61/15 E View Policies Show Attempt History Current Attempt in Progress Carla Vista Company bottles and distributes B-Lite a diet
Question 9 of 9 9 5.61/15 E View Policies Show Attempt History Current Attempt in Progress Carla Vista 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 $109,000 $8.000 Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-foed $2,000,000 Selling expenses variable 550.000 Selling expenses-fowed 400.000 Administrative expenses variable 420.000 Administrative expenses-fixed 21.000 $2,000 190.000 Your answer is partially correct Prepare a CVP Income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places.es 0.251) CARLA VISTA COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Sales 2000.000 Variable Expenses Cost of Goods Sold 1370,000 i Selling Expenses 109.000 1 Administrative Expenses 21.000 Total Variable Experts 1500.000 0:37 Contribution Margin 500.000 Feed Expenses Cost of Goods Sold 190.000 i Selling Expenses 58.000 1 Administrative Expenses 52.000 i Total Foued Expenses 300.000 Net Income/(Loss) $ 200.000 eTextbook and Media Your answer is incorrect. Calculate variable cost per bottle. (Round voriable cost per bottle to 3 decimal places.cg. 0.251.) 3 Variable cost per bottle $ 0.375 e Textbook and Media Your answer is correct. Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to decimal places, eg. 1,225) (1) Break-even point 2400000 units (2) Break-even point - $ 1200000 e Textbook and Media * Your answer is incorrect. . Compute the contribution margin ratio and the margin of safety ratio Contribution margin ratio % Margin of safety ratio e Textbook and Media * Your answer is incorrect. X Determine the sales dollars required to earn net income of $190.000 Required sales $ eTextbook and Media Save for later Attempts: 1 of 3 used Submit
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