Question: please be as clear and as simple as possible. I am trying to understand it. show me the steps, not only the answers. thank you
please be as clear and as simple as possible. I am trying to understand it. show me the steps, not only the answers. thank you in advance.
P22-28. Computea VP Incomea n t compute brak went contribution margir marginosyro and role for argetoet income All Frute Company bottles and distributes frute de fruit drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers per bottle. For the year 2004, management estimate the following and costs. 250.000 Manufacturing overhead 380,000 fixed Seng expenses 250,000 Fixed 40,000 Variable 150,000 feed estructions: a) Prepare a CV income statement for 2014 based on management estimates (Show confortotal amounts only) Compute the break-even point in musi c ale Compute the contribution margin rutio and the margin of safety ratio (Round to nearest full perpent.) Idi termine the sales de roured to earn net income of SS4000 NOTE: Enter a number in cel requesting a value enter the a e r a formula in cells with ". ALL FRUTE COMPANY CVP Income Statement Estimated) Sales Revenue Variable Expenses Cost of Goods Sold Selling Expenses Administrative Expenses Total Variable Expenses Contribution Margin Fored Expenses Cost of Goods Sold Administrative Expenses Total Fixed Expenses Unit Selling Price Unit Variable costs Corto Mag per unit I LI Foxed Costs Contribution Margin per unit Break-even points) 123 1 Break-even point in its Un sing price Break-even point dollars Fixed Costs Contribution Margin Ratio Contribution main per Unit selling price Break-even point dollars Contribution Margin Ratio Contribution margin per Unitseling price Margin of Safety Ratio Break.even point (dollars) Crver break even Total despese Dewredne income Contribution margin ratio Required
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