Ivanhoe Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs. Sales $1,650,000 Selling expenses-variable $76.500 Direct materials 460,000 Selling expenses-fixed 51.000 Direct labor 330,000 Administrative expenses-variable 21,000 Manufacturing overhead-variable 350,000 Administrative expenses-fixed 99,000 Manufacturing overhead-fixed 180,000 Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, eg 0.251) IVANHOE COMPANY CVP Income Statement (Estimated) Total Per Unit Pe > > S Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $ e Textbook and Media Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to decimal places, e.g. 1,225.) (1) Break-even point units (2) Break-even point $ e Textbook and Media Compute the contribution margin ratio and the margin of safety ratio. Contribution margin ratio Margin of safety ratio % e Textbook and Media Determine the sales dollars required to earn net income of $240.000. Required sales $ e Textbook and Media