wilks company bottles and distributes no-fizz, a fruit drink. The beverage is sold for $0,50 per 16 ounces bottles to retailers, who charge customers $0.70 per bottle. For the year 2012, management estimates the following revenue and cost: net sales 2,000, 000;Direct material 360,000:Direct Labour 590,000:Manufacturing overhead-variable 270,000:Manufacturing overhead-fixed 220,000:Selling Expenses-variable100,000:selling expenses-fixed150,000:administrative expenses-variable40,000:administrative expenses-fixed 78,000 prepare the income statement for 2012 based on management's estimates Compute the breakeven point in (1) units and (2) dollars Compute the contribution margin ratio and margin of safety in dollars