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Oriole Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16 -ounce bottle to retailers. For the

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Oriole Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16 -ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs. CVP Income Statement (Estimated) For the Year Ending December 31, 2022 riable Expenses Manufacturing Overhead elling Expenses \begin{tabular}{|l|l|} \hline 57000 & i \\ \hline 162000 & 1 \\ \hline \end{tabular} diministrative Expenses otal Fixed Expenses. t Incomeri(Loss) Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, eg. 0.251.) Variable cost per bottle Attempts: (b2) Your answer is correct. Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to 0 decimal places, eg. 1,225.) (1) Break-even point units (2) Break-even point Compute the contribution margin ratio and the margin of safety ratio, Contribution margin ratio % Margin of safety ratio % (d) Determine the sales dollars required to earn net income of $240,000

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