Problem 19-2A Jorge 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 90 cents per bottle. For the year 2017, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $ 2,052,000 460,000 300,000 430,000 539,300 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $ 60,000 60,000 83,800 58,000 Prepare a CVP Income statement for 2017 based on management's estimates. JORGE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2017 P & P L Administrative Expens Contribution Margin Cost of Goods Sold Fixed Expenses Net Income/(Loss) LINK TO TEXT x 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 LINK TO TEXT LINK TO TEXT LINK TO TEXT 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 (2) Compute the break-even point x Your answer is incorrect. Try again. decimal places, 09. 0.257 and inal answers to decimal Compute the contribution margin ratio and the margin of safety ratio. (Round Variable cost per borte o places, e.g. 259.) Contribution margin ratio Margin of safety ratio LINK TO TEXT LINK TO TEKT LINK TO TEXT Your answer is incorrect. Try again. decimal places, e.g. 1,225.) Determine the sales dollars required to earn net income of $ 32,200. (Round an wer to Required sales dollars