Ayayai 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 75 cents per bottle. For the year 2017, management estimates the following revenues and costs. Sales $1,600,000 Selling expenses-variable $50,000 Direct materials 450,000 Selling expenses-fixed 45,000 Direct labor 300,000 Administrative expenses-variable 40,000 Manufacturing overhead-variable 360,000 Administrative expenses-fixed 40.000 Manufacturing overhead-fixed 227,500 Prepare a CVP income statement for 2017 based on management's estimates. AYAYAI COMPANY CVP Income Statement (Estimated) V V Compute the break-even point in (1) units and (2) dollars. (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 bottle to 3 decimal places, e.g. 0.255 and final 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 $162,500. Required sales dollars