Oriole 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 75 cents per bottle. For the year 2020, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $2,040,000 500,000 390,000 410,000 240,000 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $107,000 57,000 21,000 162,000 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 $ 0.420 e Textbook and Media Your answer is partially correct. 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 2550000 units (2) Compute the break-even point $ 510000 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 30 % Margin of safety ratio 75 % e Textbook and Media X Your answer is incorrect. Determine the sales dollars required to earn net income of $240,000. (Round answer to 0 decimal places, e.g. 1,225.) Required sales dollars $ 1350000 e Textbook and Media