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. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $1,860,000 430,000 400,000 420,000 230,000 expenses-variable Selling Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $118,000 61,000 27,000 81,000 Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, e.g. 0.251.) ORIOLE COMPANY CVP Income Statement (Estimated)

Total Per Unit Percent of Sales $ % Variable Expenses: Cost of Goods sold $ Seling Frpenses Administratwe Expenses: Total Variable Expenses Contribution Marcin Fincd Expenses Oriole Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16 -ounce bottle to retallers. For the year 2022, management estimates the following revenues and costs: Prepare a CVP iccome statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, es. 0.251 \). Contribution Marzin Fiked Expenses Cost of Goods Sold Selting Fupenses Administrative Expenses Total Fixed Expenses Net Income/(toss) Compute the contribution margin ratio and the margin of safety ratio. Contribution margin ratio Margin of safety ratio % Determine the sales dollars required to earn net income of $250,000. Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, es. 0.251 ). Variable cost per bottle Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to 0 decimal places, es. 1,225.) (1) Break-even point units (2) Break-even point