Attempts: 3 of 3 used (61) Calculate variable cost per bottle. (Round Variable cost per bottle to 3 decimal places 0.251) Variable cost per bottle $ eTextbook and Media Savetor Later Attempts: 0 of 3 used Submit Answer (62) The parts of this question must be completed in order. This part will be available when you complete the part above The parts of this question must be completed in order. This part will be available when you complete the part above Correct Answer: Jorge company CVP Income Statement For the year ended December 31, 2020 $ 1,800,000 S S $ S S 430,000 360,000 380,000 70,000 20,000 Sales revenue Less: Variable costs Direct material Direct labor Variable manufacturing overhead Variable selling expenses variable admin expenses Total variable cost Contribution margin Less: Fixed cost Fixed manufacturing overhead Fixed selling expenses Fixed admin expenses Total Fixed cost Net operating income $ S 1,260,000 540,000 S us 280,000 65,000 60,000 $ $ $ 405 000 135,000 End of answer. Please give a thumbs-up. It will be highly appreciated. Thanks Current Attempt in Progress Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2020 management estimates the following revenues and costs. $70,000 65.000 Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $1,800,000 Selling expenses -variable 430,000 Selling expenses --fixed 360,000 Administrative expenses-variable 380,000 Administrative expenses-fuced 280,000 20,000 60,000 (a) Your Answer Correct Answer (Used) Your answer is partially correct. Prepare a CVP income statement for 2020 based on management's estimates