Culver company bottles and distributes be light a diet soft drink the beverage is sold for $0.50 per 16 oz bottle to the retailers who charge customers $0.75 per bottle for the year 2017 management estimates the following revenues and cost sales $1,840,000 direct materials $440,000 direct labor $320,000 manufacturing overhead variable $350,000 manufacturing overhead fixed $498,000 selling expenses variable $50,000 selling expenses fixed $50,000 administrative expenses variable $36,000 and administrative expenses fixed $54,000 prepare a CVP income statement for 2017 based on the management estimates ,compute the break-even point in units and in dollars, compute the contribution margin ratio and the margin of safety ratio, determine the sales dollars required to earn net income of $64,750