Pharoah 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 $1,800,000 $ 93,000 Direct materials 410,000 65,000 Selling expenses --variable Selling expenses - fixed Administrative expenses-variable Administrative expenses-fixed 400,000 Direct labor Manufacturing overhead-variable 27,000 420,000 55,000 Manufacturing overhead-fixed 150,000 Your answer is partially correct. Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, es 0.251.) PHAROAH COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Percent of Sales 1800000 S 60 60 Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, es 0.251) PHAROAH COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Percent of Sales 4800000 $ .60 60 1230000 93000 27000 1350000 1 28 28 450000 $ 132 32 150000 1 65000 C 1 55000 i 270000 M 180000 e Textbook and Media X Your answer is incorrect Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, eg, 0.251.) Variable cost per bottle $ 28 e Textbook and Media Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to decimal places, eg. 1,225.) Break-even point units (1 ) (2 Break-even point $ $ eTextbook and Media * Your answer is incorrect. Compute the contribution margin ratio and the margin of safety ratio. Contribution margin ratio % Margin of safety ratio % e Textbook and Media