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Jorge Company bottles and distributes B-Lite a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers who charge customers

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Jorge Company bottles and distributes B-Lite a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers who charge customers 90 cents per bottle. For the year 2017. management estimates the following revenues and costs Sales $1.956,000 Selling expenses - variable $50,000 Direct materials 500,000 Selling expenses-fixed 65,000 Direct labor 360,000 Administrative expenses-variable 69.200 Manufacturing overhead-variable 390,000 Administrative expenses--fixed 48.000 Manufacturing overhead-fixed 374,800 JORGE COMPANY CVP Income Statement (Estimated) Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, eg. 0.251.) Variable cost per bottle $ Compute the break-even point in (1) units and (2) dollars (Round answers to decimal places, eg. 1.225.) (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, eg. 0.25 and final answers to decimal places, eg, 25%) Contribution margin ratio Margin of safety ratio Determine the sales dollars required to earn net income of $88,200. (Round answer to decimal places, es 1.225.) Required sales dollars $

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