Hello, can someone please help me. I'm new to accounting and i'm having lots of trouble with these questions and i''m not sure how to solve them. i would really really appreciate your help.

Problem 8 - 7 Computing Break - Even and Margin of Safety ( LO2 - CC 6, 8) Draakish Corporation sells premium quality wine for $ 1.50 per bottle . It's direct materials and direct labour costs are $29 and $16.00 respectively per bottle . It pays its direct labour Employees a wage of $32 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 ! * = $158, 2010 + 526. 50*^ Dreakish believes that the above cost estimates will not substantially change for the next fiscal year . Given the stiff competition in the wine market , Draakah budgeted an amount of $36,000 per month for sales promotions ; additionally , it has decided to offer a sales commission of $7. 75 per bottle to its sales personnel . Administrative expenses are expected to be 526, 000 per month .* Required . 1 . Compute the expected total variable cost per bottle and the expected contribution margin ratio Total variable cost Contribution margin ration2. Compute the annual break- even sales in units and dollars . ' Round your intermediate and final answers to the whole number .! Annual breakeven sales in units Annual breakeven sales in dollars 3. Draakish has budgeted sales of $9. 5 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 . ! Margin of safety Budgeted Sales