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$($d$)$

X Your answer is incorrect.

Determine the sales dollars required to earn net income of $$210,000.$

Required sales

$(1)$ Break$-$even point units

$(2)$ Break$-$even point

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$($c$)$

Your answer is correct.

Compute the contribution margin ratio and the margin of safety ratio.

Contribution margin ratio

$\%$

Margin of safety ratio

$\%$

Manufacturing Overhead $vv$

Administrative Expenses $vv$

Total Fixed Expenses

Net Income$/($Loss$)$

$

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Attempts: $20$

$($b$1)$

Your answer is correct.

Calculate variable cost per bottle. $($Round variable cost per bottle to $3$ decimal places, eg$.0\mathrm{.}251.)$

Variable cost per bottle

$

Prepare a CVP income statement for $2022$ based on management's estimates. $($Round per unit answers to $3$ decimal places, eg$.0\mathrm{.}251.)$

SANDHILL COMPANY

CVP Income Statement $($Estimated$)$

For the Year Ending December $31,2022$

Total

Per Unit

Cost of Goods Sold

Selling Expenses

Administrative Expenses $$

Total Variable Expenses

Contribution Margin

Fixed Expenses

Manufacturing Overhead $vv$

Sandhill Company bottles and distributes B$-$Lite, a diet soft drink. The beverage is sold for $50$ cents per $16-$ounce bottle to retailers. For the year $2022,$ management estimates the following revenues and costs.

$\backslash$table$[[$Sales$,$$$1,900,000,$Selling expenses$-$variable,$$132,000$

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