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Current Attempt in Progress Oriole Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to

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Current Attempt in Progress Oriole 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 75 cents per bottle. For the year 2020, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $2,040,000 500,000 390,000 410,000 240,000 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $107.000 57,000 21,000 162,000 ORIOLE COMPANY CVP Income Statement (Estimated) $ Sales 2040000 $ Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, eg. 0.251.) Variable cost per bottle $ e Textbook and Media Compute the break-even point in (1) units and (2) dollars. (Round answers to decimal places, eg, 1,225.) (1) units Compute the break-even point Compute the break-even point $ e Textbook and Media - 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 % e Textbook and Media Determine the sales dollars required to earn net income of $240,000. (Round answer to decimal places, eg. 1.225.) Required sales dollars $ e Textbook and Media

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