Question: please answer all parts & show work for thumbs up (ch5) Question 13 of 13 Sandhill Company bottles and distributes B-Lite, a diet soft drink.

Question 13 of 13 Sandhill Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 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 $1,900,000 470,000 340,000 360,000 270,000 Selling expenses --Variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $132.000 63,000 28,000 94,500 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 $ 1900000 Variable Expenses . : Cost of Goods Sold $ 360000 Administrative Expenses : 28000 Selling Expenses 132000 Total Variable Expenses Contribution Margin Fixed Expenses Administrative Expenses Selling Expenses Total Fixed Expenses Net Income Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, ex. 0.251.) Variable cost per bottle 5 W D Administrative Expenses Selling Expenses Total Fixed Expenses Net Income/(Loss) Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $ Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 1,225.) (1) units Compute the break-even point Compute the break-even point (2) $ 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 O decimal places, e.3. 25%.) Contribution margin ratio Margin of safety ratio % Determine the sales dollars required to earn net income of $210,000. (Round answer to 0 decimal places, e.8. 1,225.) Required sales dollars $
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