14 iii Pharoah 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 75 cents per bottle For the year 2022, management estimates the following revenues and costs Sales Direct materials Direct labor Manufacturing overhead variable Manufacturing overhead fixed $1 800 000 410,000 400,000 420 000 150 000 Selling expenses variable Selling expenses fixed Administrative expenses variable Administrative expenses fixed $93 000 65 000 27 000 55,000 (a) Prepare a CVP income statement for 2022 based on management's estimates Prepare a CVP income statement for 2022 based on management's estimates PHAROAH COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 $ $

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14 iii Pharoah 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 75 cents per bottle  For the year 2022, management estimates the following revenues and costs  Sales Direct materials Direct labor Manufacturing overhead variable Manufacturing overhead fixed $1 800 000 410,000 400,000 420 000 150 000 Selling expenses variable Selling expenses fixed Administrative expenses variable Administrative expenses fixed $93 000 65 000 27 000 55,000 (a) Prepare a CVP income statement for 2022 based on management's estimates  Prepare a CVP income statement for 2022 based on management's estimates  PHAROAH COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 $ $

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- / 14 iii Pharoah Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to

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