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Sandhill Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16 -ounce bottle to retailers. For the

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Sandhill Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16 -ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs. Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, eg. 0.251 \). SANDHILL COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Sales: 5 5 $ Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g.0.251.) Variable cost per botte eTextbook and Media Compute the break-even point in (1) sales units and (2) sales dollars, (Round answers to 0 decimal places, es. 1,225.) (1) Break-even point units (2) Break-evenpoint Compute the contribution margin ratio and the margin of safety ratio. Contribution margin ratio Margin of safety ratio % 8 Determine the sales dollars required to earn net income of $190,000. Required sales

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