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Question 3 of 4 0.8/1 III View Policies Show Attentory Current Attemptin Progress Crane Company bottles and tributes with rink. The bewage old for scenes per 16-ounce bottle to retailers whectarestomers 75 cents per bottle for the war 2030, management estimates the following rewrats and costs $150,000 596.500 Sales Direct materials Delabor 450000 63000 Selling peel-ble Selling Montariat - wo 26000 380.000 Manufacturing whead-vana Marsacturing whead- 89.500 100 al Your Prera cinco ano 2020 mm CRANE COMINY CVP Income Stenent For the Year Ending December 31, 2020 000 want Como You necord Prowe CVP Income water for 2020 based on management estimate CRANE COMPANY CVP Income Statement (Estimated For the Year Ending December 31, 2020 1750000 Con of Good 5 110000 od AV 38000 13120 w v A Cost of Good 10000 0001 AP A 2001 took and Media Amed 19 w CU HAN TESCOMA . MATHA SOUS Compute the breakewn pointin (units and dollar Runda Odcine 253 11 Computeren point 2100000 uni Compute the breakpoint $ 1000000 eTextbook and Media Athugiofused 0 Your CO Como contribution are and not to and were 25 025 Contribution marginal 2 Most Textbook and Media Your answer is correct Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, eg. 0.25 and final answers to decimal places, es 25%) Contribution margin ratio 25 %6 Margin of safety ratio 40 56 eTextbook and Media Attempts: 1 of 3 used (d) Determine the sales dollars required to cam net income of $ 220,000. (Round answer to decimal places, es, 1.225) Required sales dollars eTextbook and Media Sove for later Attempts:of 3 used SA