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A4 V X G H I n Short Answer: Il work should be...

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Accounting

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A4 V X G H I n Short Answer: Il work should be performed in EXCEL These questions are similar to the homework. Please show all work, you earn credit by illustrating how you got the answer and for the answer itself. Even if your ultimate answer is incorrect, by showing your work, ininh 46. Ripple Company bottles and distributes Ripple Fizz, a flavored wine beverage. The beverage is sold for $1 per 8-ounce bottle to retailers. Management estimates the following revenues and costs at 100% of capacity. Net sales Direct materials - Direct labor $2,100,000 500,000 300,000 Selling expenses variable Selling expenses-fixed Administrative expenses variable Administrative expenses fixed $90,000 70,000 20,000 - NP 50,000 Manufacturing overhead-variable Manufacturing overhead-fixed 350,000 275,000 . Instructions A. How much is net income for the year using the CVP approach? B. Compute the break-even point units and dollars. C. How much is the contribution margin ratio? HN MNAXXAR

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