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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

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 expensesvariable $108,000
Direct materials 450,000 Selling expensesfixed 54,000
Direct labor 400,000 Administrative expensesvariable 22,000
Manufacturing overheadvariable 420,000 Administrative expensesfixed 71,000
Manufacturing overheadfixed 120,000
Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 1,225.)
(1) Compute the break-even point

units
(2) Compute the break-even point

$

Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 2 decimal places, e.g. 0.25 and final answers to 0 decimal places, e.g. 25%.)
Contribution margin ratio

%
Margin of safety ratio

%
Determine the sales dollars required to earn net income of $240,852. (Round answer to 0 decimal places, e.g. 1,225.)
Required sales dollars

$

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