Show Attempt History Current Attempt in Progress Wildhorse Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2020, management estimates the following revenues and costs. Sales $1,750,000 Selling expenses-variable $108,000 450,000 Selling expenses-fixed 54,000 400,000 22,000 Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed Administrative expenses- variable Administrative expenses-fixed 420,000 71.000 120,000 Prepare a CVP income statement for 2020 based on management's estimates. WILDHORSE COMPANY WILDHORSE COMPANY CVP Income Statement (Estimated) $ . : e Textbook and Media Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, es. 0.251.) $ Variable cost per bottle Compute the break-even point in (1) units and 12 dollars. (Round answers to decimat places, s 1.225. Compute the break-even point units (2) Compute the break-even point $ e Textbook and Media Compute the contribution margin ratio and the margin of safety ratio, (Round variable cost per bottle to 3 decimal places.es 0.25 and final answers to 0 decimal places, ag. 25%) Contribution margin ratio % % Margin of safety ratio Contribution margin ratio 96 Margin of safety ratio eTextbook and Media Determine the sales dollars required td earn net income of $200,000. (Round answer to decimal places. 4.8. 1.2253 $ Required sales dollars e Textbook and Media