Jorge 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 $1,770,000 Selling expensesvariable $60,000 Direct materials 410,000 Selling expensesfixed 50,000 Direct labor 300,000 Administrative expensesvariable 40,500 Manufacturing overheadvariable 340,000 Administrative expensesfixed 52,000 Manufacturing overheadfixed 423,000

(a) Correct answer. Your answer is correct. Prepare a CVP income statement for 2017 based on managements estimates. JORGE COMPANY CVP Income part (b1) Correct answer. Your answer is correct. Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $Entry field with correct answer .325

(b2) Correct answer. (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 1,225.) (1) Compute the break-even point Entry field with incorrect (2) Compute the break-even point

(c) Correct answer. Your answer is correct. Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, e.g. 0.25 and final answers to 0 decimal places, e.g. 25%.) Contribution margin ratio Entry field with correct answer 35 % Margin of safety ratio Entry field with correct answer 15 %

(d) Determine the sales dollars required to earn net income of $157,500.

Please help with Part (d)

Thank You!