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. $93,000 55,000 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 27,000 85,000 SUNLAND COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 1800000 Sales Variable Expenses 1230000 Variable Expenses Selling Expenses 93000 i 27000 Administrative Expenses 1350000 Total Variable Expenses 450000 Contribution Margin Sales 220000 Total Fixed Expenses KROGO Administrative Expenses 85000 360000 Total Fixed Expenses $ 90000 Net Income/(Loss) eTextbook and Media X Your answer is incorrect Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $ 38 Compute the break-even point in (1) units and (2) dollars. (Round answers to decimal places, eg. 1,225.) units (1) Compute the break-even point Compute the break-even point (2) eTextbook and Media X Your answer is incorrect 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 x Your answer is incorrect. Determine the sales dollars required to earn net income of $160,000. (Round answer to 0 decimal places, eg. 1,225.) Required sales dollars $