Problem 18-3A a-d (Video) Carla Vista Campaniy battles and distributes B-Lite, a diet saft drink. The beverage is sold far 60 cents per 16-aurice battle to retailers, who charge customers 75 cents per bottle. For the year 2020, managernent estimates the following revenues and costs. Sales $1,980,000 Selling expenses-variable $110,000 Direct materials 430,000 Selling expenses-fixed 62,000 Direct labor 400,000 Administrative expenses-variable 26,000 Manufacturing overhead-variable 420,000 Administrative expenses-fixed 133,200 Manufacturing overhead fixed 280,000 Your answer is correct Prepare a CVP Income statement for 2020 based on management's estimates, . CARLA VISTA COMPANY CVP Income Statement (Estimated) Sales 1,980,000.00 Variable Expenses Cast of Goods Sold 1,250,000.00 Selling Expenses v 110,000.00 Administrative Expenses 26,000.00 . Total Variable Expenses 1,386,000.00 Contribution Margin 594,000.00 Fixed Expenses Cast of Goods Spid 280,000.00 Selling Expenses v 62,000.00 | Administrative Expenses 133,200.00 Total Fixed Expenses 475,200.00 Net Income (s) 118,800.00 * Your answer is incorrect. Try again. Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle x Your answer is incorrect. Try again. Compute the break-even point in (1) units and (2) dollars. (Round answers to O decimal places, e.g. 1,225.) (1) Compute the break-even point units (2) Compute the break-even point * Your answer is incorrect. Try again. 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 % x Your answer is incorrect. Try again. Determine the sales dollars required to earn net income of $180,000. (Round answer to O decimal places, e.g. 1,225.) Required sales dollars