Sunland 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 Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $1,800,000 410,000 400,000 420,000 220,000 Selling expenses-variable Selling expenses-fixed Administrative expenses--variable Administrative expenses-fixed $93,000 55,000 27,000 85,000 Prepare a CVP Income statement for 2020 based on management's estimates. SUNLAND COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 SUNLAND COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 > > e Textbook and Media Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, eg. 0.251.) Variable cost per bottle $ Compute the break-even point in (1) units and (2) dollars. (Round answers to decimal places, eg. 1,225.) units Compute the break-even point Compute the break-even point $ (2) eTextbook and Media Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal places, e.g. 0.25 and final answers to decimal places, eg, 25%) Contribution margin ratio Margin of safety ratio Determine the sales dollars required to earn net income of $160,000. (Round answer to O decimal places, e.g. 1,225.) Required sales dollars $