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		$1,640,000		Selling expensesvariable
Direct materials		420,000		Selling expensesfixed
Direct labor		350,000		Administrative expensesvariable
Manufacturing overheadvariable		380,000		Administrative expensesfixed
Manufacturing overheadfixed		208,250
Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.)
Variable cost per bottle
Compute the break-even point in (1) units and (2) dollars.
(Round answers to 0 decimal places, e.g. 1,225.)
1) Compute the break-even point in 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, e.g. 0.25 and final answers to 0 decimal
places, e.g. 25%.)
Contribution Margin Ratio
Margin of Safety Ratio
Determine the sales dollars required to earn net income of $165,000.
(Round answer to 0 decimal places, e.g. 1,225.)
Required sales dollars $