Question: Problem 11-2 Bramble Company bottles and distributes B-Lite, a det soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who
Problem 11-2 Bramble Company bottles and distributes B-Lite, a det 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 2017 estimates the following revenues and cests management $1,840,000 Selling expenses-variable Direct materials Direct labor Manufactuning overhead-variable Manufacturing overhead-fixed 390,000 Selling expenses-fixed 320,000 Administrative expenses-variable 300,000 Administrative expenses-fixed 417,000 $60,000 55,000 4,000 46,000 Prepare a CVP income statement for 2017 based on management's estimates BLE COMPANY CVP Income Statement (Estimated) Prepare a CVP income statement for 2017 based on management's estimates. BRAMBLE COMPANY CVP Income Statement (Estimated) LINK TO TEXT LINK TO TEXT LINK TO TEXT Compute the break-even point in (1) units and (2) dollars. (1) Compute the break even point (2) Compute the break-even points units Compute the contribution margin ratio and the margin of safety ratio(Round variable cost per bottle to 3 decimal places e.g. o.255 and final answers to O decimma margn ratio Margin of safety ratio Determine the sales dollars required to earn net income of $254,000. Required sales dollars Click if you would lke to show Work for this questions Open Shaw.Woc
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