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.

(If you cant see the photo just rightclick it and view it separately.

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

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