Draaksh Corporation sells premium quality wine for $75 per bottle. Its direct materials and direct labour costs are $14 and $850 respectively per bottie. It pays its direct labour employees a wage of $17 per hour. The company performed a regression analysis using the past 12 months' data and established the following monthly cost equation for manufacturing overhead costs using direct labour-hours as the overhead allocation base: y=$150,700+$1900x Draaksh believes that the above cost estimates will not substantially change for the next fiscal year. Given the stiff competition in the wine market. Draaksh budgeted an amount of $33,000 per month for sales promotions, additionally, it has decided to offer a sales commission of $4.00 per bottle to its sales personnel. Administrative expenses are expected to be $24.500 per month. Required: 1. Compute the expected total variable cost per bottle and the expected contribution margin ratio. 2 Compute the annual break-even sales in units and dollars. (Round your intermediote and final answers to the whole number.) Required: 1. Compute the expected total variable cost per bottle and the expected contribution margin ratio. 2. Compute the annual break even sales in units and dollars. (Round your intermediate and finol onswers to the whole number.) 3. Draaksh has budgeted sales of $8.0 million for the next fiscal year. What is the company's margin of safety in dollars and as a percentage of budgeted sales? (Round your intermediate and final answers to the whole number.)