In: Finance
he Problem 5-3A (Video) Ivanhoe Company bottles and
distributes B-Lite, a diet sot drink. The beverage is sold for 50
per cento theme for the estimates the following revenues and costs
Sales $1,650,000 Selling expenses variable $76,500 Direct materials
460,000 Selling expenses-foed 51.000 Direct labor 330,000
Administrative expenses variable Manufacturing overhead variable
350,000 Administrative expenses 9,000 Manufacturing overhead-fixed
180,000
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Weygandt, Managerial Accounting, 8e Help System Announcements
Prepare a CVP income statement for 2020 based on management's
estimates. IVANHOE COMPANY CVP Income Statement (Estimated) For the
Year Ending December 31, 2020 Calculate variable cost per bottle.
(Round variable cost per bottle to 3 decimal places es and Windows
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the Calculate variable cost per bottle. (Round variable cost per
bottle to decimal places,...) Variable cost per bottle $ Compute
the break-even point in (1) itsand (2) dollars. (Round answers to
decimal places 1.225.) (1) Compute the break-even point units (2)
Compute the break even point Compute the contribution margin ratio
and the margin of safety ratio (Round variable cost per hottle to
decimal places Contribution margin ratio Margin of safety ratio
Determine the sales dollars required to earn net income of
$240,000. (Round antiver to decimal places, c.9. 1,725.) Required
sales dollars Click if you would like to Show Work for this
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