I am stuck with the red portions and could use some help please.

Problem 11-2 Pina Colada 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 Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $1,770,000 Selling expenses-variable 410,000 Selling expenses-fixed 300,000 Administrative expenses-variable 340,000 Administrative expenses-fixed 423,000 $60,000 50,000 40,500 52,000 Prepare a CVP income statement for 2017 based on management's estimates. PINA COLADA COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2017 Sales 1,770,000 Variable Expenses Cost of Goods Sold > Us 1,050,000 > Selling Expenses 60,000 Administrative Expenses 40,500 Total Variable Expenses 1,150,500 Contribution Margin 619,500 Fixed Expenses Cost of Goods Sold 423,000 Selling Expenses 50,000 Administrative Expenses 52,000 Total Fixed Expenses 525,000 Net Income/(Loss) 94,500 > Your answer is incorrect. Try again. Compute the break-even point in (1) units and (2) dollars. X (1) Compute the break-even point units X (2) Compute the break-even point x Your answer is incorrect. Try again. 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 o decimal places, e.g. 25%.) Contribution margin ratio % Margin of safety ratio % LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM x Your answer is incorrect. Try again. Determine the sales dollars required to earn net income of $157,500. Required sales dollars