Wildhorse Compary bottles and distributes B$-$Lite, a diet soft drink. The beverage is sold for $50$ cents per $16-$ounce bottle to retailers.Compute the contribution margin ratio and the margin of afety ratia.

Contribution margin ratio

Margin of safety ratio

For the year $2022,$ management estimates the following revenues and costs.Compute the contribution margin ratio and the margin of safety ratia.

Contribution margin ratio

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Margin of safety ratio