Flint 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 2017, management estimates the following revenues and costs. Sales $1,870,000 Selling expenses-variable $50,000 Direct materials 400,000 Selling expenses-fixed 55,000 Direct labor 360,000 Administrative expenses-variable 49,000 Manufacturing overhead-variable 450,000 Administrative expenses-fixed $2,000 Manufacturing overhead-foxed 304,000 Prepare a CVP income statement for 2017 based on management's estimates. FLINT COMPANY CVP Income Statement (Estimated) Sales 1870000 Variable Expenses Cost of Goods Sold Selling Expenses 50000 Administrative Expenses 49000 Total Variable Expenses Compute the break-even point in (1) units and (2) dollars. (1) Compute the break-even point units (2) Compute the break-even point Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, e.g. 0.255 and final answers to decimal places, e.g. 25%.) Contribution margin ratio Margin of safety ratio Determine the sales dollars required to cam net income of $165,000. Required sales dollars Show Work is REQUIRED for this question Open Show Work