Price and cost data are in the table Hunter Cellars produces and sells bottles of...
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Price and cost data are in the table Hunter Cellars produces and sells bottles of wine. below: HA2011 Final Assessment T2 2021 $ 37.50 Selling Price per bottle Variable Costs per bottle $12.30 $6.00 Direct Materiakt Direct Labour Manufacturing Overhead Selling Costs Total VC per bottle $9.00 $2.40 $29.70 Annual Fixed Costs Manufacturing Overhead Selling and Administrative Total FC 140,000 units $432,000.00 $621,000.00 $1,053,000.00 $5,250,000.00 Forecast annual sales Ignoring income taxes, calculate the following: 1. What is Hunter Cellars' break-even point in units? (1 mark) 2. What is the company's break-even point in sales dollars? (1 marks) 3. If Hunter Cellars has a target profit of $570,000.00 how many bottles of wine would it have to sell? (2 marks) 4. Calculate the company's safety margin and interpret what that number means
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