Bridgeport Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 90 cents per bottle. For the year 2017, management estimates the following revenues and costs.

Sales		$2,064,000		Selling expensesvariable		$70,000
Direct materials		440,000		Selling expensesfixed		45,000
Direct labor		300,000		Administrative expensesvariable		68,400
Manufacturing overheadvariable		360,000		Administrative expensesfixed		52,000
Manufacturing overheadfixed		637,400

Prepare a CVP income statement for 2017 based on management's estimates BRIDGEPORT COMPANY CVP Income Statement (Estimated) $ Compute the break-even point in (1) units and (2) dollars. (1) Compute the break-even point units (2) Compute the break-even points 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 O decimal places, e.g. 25%.) Contribution margin ratio % Margin of safety ratio Determine the sales dollars required to earn net income of $41,600. Required sales dollars $