Draaksh Corporation sells premium quality wine for $90 per bottle. Its direct materials and direct labour costs are $17 and $10.00 respectively per bottle. It pays its direct labour employees a wage of $20 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=$152,200+$20.50x Draaksh believes that the above cost estimates will not substantially change for the next fiscal year. Given the stiff compettion in the wine market, Draaksh budgeted an amount of $33,600 per month for sales promotions; additionally, It has decided to offer a sales commission of $4.75 per bottle to its sales personnel. Administrative expenses are expected to be $24,800 per month. Required: 1. Compute the expected total varlable cost per bottle and the expected contribution margin ratio. 2. Compute the annual break-even sales in units and dollars. (Round your intermediate and final answers to the whole number.) 3. Draaksh has budgeted sales of $8.3 million for the next fiscal yeat. What is the company's margin of satety in dollars and as a percentage of budgeted sales? (Round your intermediate and final answers to the whole number)