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 2014, management estimates the following revenues and costs.

Prepare a CVP income statement for 2014 based on managemental estimates.

Sales 1,800,000

direct materials 425,500

direct labor 356,300

manufacturing overhead- variable 311,800

manufacturing overhead- fixed 288,200

Selling expenses- variable 68,900

Selling expenses- fixed 67,500

Administrative expenses- variable 93,714

Administrative expenses- fixed 63,400

calculate the variable cost per bottle. -round to 2 decimal places

Compute the break-even point in (1) units and (2) dollars. -round to 0 decimal places

Compute the contribution margin ratio and the margin of safety ratio. -round to 2 decimal places

Determine the sales dollars required to earn net income of $180,000. -round to 0 decimal places