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Show Attempt History Current Attempt in Progress Cullumber Company bottles and distributes Buite adiet soft drink. The beverage is sold for 60 cents per 16-ounce

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Show Attempt History Current Attempt in Progress Cullumber Company bottles and distributes Buite adiet 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 $105.000 Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-foed $1.800.000 Sering expenses variable 510,000 Selling expenses-bed 390.000 Administrative expenses variable 410.000 Administrative expenses-foed 130.000 62.000 25.000 96,000 (c) Compute the contribution margin ratio and the margin of safety ratio Contribution margin ratio 95 Margin of safety ratio $

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