Answer Happy

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 Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed : $1,800,000 $ 420,000 400,000 420,000 110,000 expenses-variable Selling Selling expenses-fixed Prepare a CVP income statement for 2020 based on management's estimates. SANDHILL COMPANY CVP Income Statement (Estimated) Administrative expenses-variable. Administrative expenses-fixed MacBook Air $87,000 61,000 23,000 99,000
w** !! 14
Variable cost per bottle eTextbook and Media Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 1,225.) (1) Compute the break-even point (2) Compute the break-even point $ eTextbook and Media units Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, e.g. 0.25 and final answers to 0 decimal places, e.g. 25%) Contribution margin ratio
Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, e.g. 0.25 and final answers to 0 decimal places, e.g. 25%.) Contribution margin ratio Margin of safety ratio eTextbook and Media Determine the sales dollars required to earn net income of $190,000. (Round answer to 0 decimal places, e.g. 1,225.) Required sales dollars eTextbook and Media