18-2A Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 78 cents per bottle. For the year 2014, management estimates the following revenues and costs. Sales $ 1,808,200 Selling expensesvariable $ 69,700 Direct materials 425,100 Selling expensesfixed 69,500 Direct labor 351,600 Administrative expensesvariable 71,176 Manufacturing overheadvariable 312,000 Administrative expensesfixed 60,200 Manufacturing overheadfixed 285,900 Prepare a CVP income statement for 2014 based on managements estimates. JORGE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2014 $ $ $ Calculate variable cost per bottle. (Round variable cost per bottle to 2 decimal places, e.g. 0.25.) Variable cost per bottle $ Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 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 answers to 0 decimal places, e.g. 25%.) Contribution margin ratio % Margin of safety ratio % Determine the sales dollars required to earn net income of $ 240,500 . (Round answers to 0 decimal places, e.g. 1,225.) Required sales dollars $