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RICES vork CALCULATOR FULL SCREEN PRINTER VERSION #RACK Problem 11-2 Ayayal Company bottles and distributes ut, di soft The bevege is sold for 50 mts per 16-ounce bottle to readers who charge customers 75 cents per bottle For the year 2017, management estimates the following revenues and cons Sales 51.600.000 Selling expenses variable $50,000 Direct materials 450,000 Seting expected 45.000 Direct labor 300,000 Adesive expensable 40.000 Manufacturing overhead-variable 36,000 Administrative 40.000 Manufacturing overhead-feed 227.500 study Prepare a CVP Income statement for 2017 boston Prepare a CVP income statement for 2017 based on management's estimates. AYAYAI COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2017 Sales 1600000 Variable Expenses Cost of Goods Sold 1110000 Selling Expenses 50000 Administrative Expenses 40000 Total Variable Expenses 1200000 Contribution Margin V 400000 Fixed Expenses V Cost of Goods Sold V 227500 Selling Expenses 45000 Administrative Expenses 40000 search o Administrative Expenses CALCATOR 40000 INT RESOURCES 1- Homework int (graded for Total Fixed Expenses 312500 Net Income/(Loss) 37500 mu Kore Eesults by Study Compute the break even point in (1) units and (2) dollars. (1) Compute the break-even point (2) Compute the break-even point $ units Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bortle to decimal places. 0.255 and final awers to o places... 259.) Contribution margin ratio Margin of safety ratio Determine the sales dollars required to eam net income of 5162.500 Type here to search o mework eded for Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per hottle to decimal places, .0.0.255 and final answers to o decimal Inace, 6.0.25%) Shy Study Contribution margin ratio Margin of safety ratio Determine the sales dollars required to camnet Income of 6162,500. Required a dos Click Il you would like to show Work for this questione Son

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