Tavaras Industries developed the folowing information for the product it sells:

Return to Blackboard US Waypand Managerial Accounting, s. System CALCULATOR PRINTER VERSION LACK NEXT Problem 5-3A (Video) Sandhill 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 $1,800,000 Selling expenses variable $87,000 Direct materials 420,000 Selling expenses-foed 61,000 Direct laber 400,000 Administrative expenses variable 23,000 Manufacturing overhead-variable 420,000 Administrative expenses-fixed 99,000 Manufacturing overhead-fixed 110,000 Prepare a CVP Income statement for 2020 based on management's estimates. SANDHILL COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Sales 1,800,000 Variable Expenses Cost of Goods Sold Administrative Expenses . Selling Expenses . Total Variable Expenses Contribution Margin + Foxed Expenses Cost of Goods Sold : Administrative Expenses : Selling Expenses Total Fed Expenses MacBook Air Accounting, be Help System Announcements Administrative Expenses CALCULATOR PRINTER VERSION LACK NEXT Selling Expenses . Total bred Expenses Net Income/(Loss) Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, 0.251.) Variable cost per bottle $ Compute the break-even point in (1) units and (2) dollars. (Round answers to decimal places, es 1,225.) (1) Compute the break-even point units (2) Compute the break-even point $ Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal place 0.25 and final answers to decimal places,... 25.) Contribution margin ratio Margin of safety ratio % Determine the sales dollars required to earn net income of $190,000. (Round answer to o decimal places, ... 1,225.) Required sales dollars $ Click if you would like to Show Work for this question: Open Show Work MacBook Air