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Wildhorse Compary bothes and distributes E-Lite, a diet soft drink. The beverage is sold for 50 cents per 16 -ounce bottle to retaliers. Who charze

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Wildhorse Compary bothes and distributes E-Lite, a diet soft drink. The beverage is sold for 50 cents per 16 -ounce bottle to retaliers. Who charze customert 75 cents per bottle. For the year 2020 , management estimates the following revenuen and costs. Prepare a CVP income statement for 2020 based on managenuents estinates. WILDHORSE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Sales $1750000 Variable Expenses Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251 ) Variable cost per bottle eTextbook and Media Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal piaces, es. 1,225.) (1) Compute the break-even point units (2) Compute the break-even point $ eTextbook and Media Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal ploces, es. 0.25 and final answers to 0 decimal places, e.8. 259.) Contribution margin ratio Margin of safetyratio 96 Determine the sales dollars required to earn net income of $200,000. (Round onswer to 0 decimal places, es. 1,225.) Required sales dollars

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