Cullumber 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 2020, management estimates the following revenues and costs.

Cullumber 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 2020, management estimates the following revenues and costs. $ 113,000 50,000 Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $1,750,000 Selling expenses-variable 460,000 Selling expenses-fixed 390,000 Administrative expenses-variable 410,000 Administrative expenses-fixed 100,000 27,000 77.500 (a) Prepare a CVP income statement for 2020 based on management's estimates. CULLUMBER COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 $ $ (51) Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $ $ (12) Compute the break-even point in (1) units and (2) dollars. (Round answers to decimal places, eg. 1,225.) (1) Compute the break-even point units (2) Compute the break-even point $ c) Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, eg, 0.25 and final answers to decimal places, eg. 25%.) Contribution margin ratio % Margin of safety ratio % (d) Determine the sales dollars required to earn net income of $ 190,000. (Round answer to decimal places, eg. 1,225.) Required sales dollars $