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Draaksh Corporation sells premium quality wine for $105 per bottle. Its direct materlals and direct labour costs are $20 and $11.50 respectively per bottle. It pays its direct labour employees a wage of $23 per hour: The company performed a regression analysis using the past 12 months' data and established the following monthly cost equation for manufacturing overhead costs using direct labour-hours as the overhead allocation base: y=$153.700+$22.00x Draaksh believes that the above cost estimates will not substantially change for the next fiscal year, Given the stiff competition in the wine market. Draaksh budgeted an amount of $34,200 per month for sales promotions; additionally, it has decided to offer a sales commission of $5.50 per bottle to its sales personnel. Administrative expenses are expected to be $25,100 per month. Required: 1. Compute the expected total varlable cost per bottle and the expected contribution margin ratio. 2. Compute the annual break-even sales in units and dollars. (Round your intermediote ond final answers to the whole number.) 2. Compute the annual break-even sales in units and dollars. (Round your intermediate and finol answers to the whole number.) 3. Draaksh has budgeted sales of $8.6 million for the next fiscal year. What is the company's margin of safety in dollars and as a percentage of budgeted sales? (Round your intermediote and final answers to the whole number.) 4. This part of the question is not part of your Connect assignment

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