b. Calculate variable cost per bottle. (Round variable cost per bottle to 2 decimal places, e.g. 0.25.)

c. Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 1,225.)

d. 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%.)

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

Problem 19-2A (Part Level Submission) Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 90 cents per bottle. For the year 2017, management estimates the following revenues and costs. 50,000 Sales 1,956,000 Selling expenses-variable Direct materials 500,000 Selling expenses-fixed 360,000 Administrative expenses-variable 65,000 Direct labor 69,200 48,000 Manufacturing overhead-variable 390,000 Administrative expenses-fixed Manufacturing overhead-fixed 374,800