Sandhill 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 Selling expenses-variable $87,000 Direct materials 420,000 Selling expenses-fixed 61,000 Direct labor 400,000 Administrative expenses-variable 23.000 Manufacturing overhead-variable 420,000 Administrative expenses-fixed 99,000 Manufacturing overhead-fixed 110,000 Sales Variable Expenses Cost of Goods Sold 0 Selling Expenses 0 Administrative Expenses Total Variable Expenses Contribution Margin Fixed Expenses Cost of Goods Sold Selling Expenses $ 1240000 87000 23000 i 110000 i 61000 i Administrative Expenses. 99000 i Total Fixed Expenses Net Income/(Loss) eTextbook and Media Compute the contribution margin ratio and the margin of safety ratio. Contribution margin ratio Margin of safety ratio eTextbook and Media Your answer is incorrect. % % Determine the sales dollars required to earn net income of $190,000. Required sales $ SANDHILL COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 $ Total 1800000 1350000 450000 270000 i 180000 Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle eTextbook and Media $ Your answer is incorrect. Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to O decimal places, e.g. 1,225.) (1) Break-even point (2) Break-even point $ units Per Unit 1800000 $ SUPPORT Per Unit 1800000 E Percent of Sales % % %