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Carla Vista Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers. For
Carla Vista Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs. Sales $1,980,000 Selling expenses-variable $110,000 Direct materials 430,000 Selling expenses-fixed 62,000 Direct labor 400,000 Administrative expenses-variable 26,000 Manufacturing overhead-variable 420,000 Administrative expenses-fixed 133,200 Manufacturing overhead-fixed 280,000 (a) Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, e.g. 0.251.) Sales Variable Expenses Cost of Goods Sold Selling Expenses > Administrative Expenses Total Variable Expenses Contribution Margin Fixed Expenses Cost of Goods Sold Selling Expenses A > > Administrative Expenses Total Fixed Expenses Net Income/(Loss) For the Year Ending December 31, 2022 Total 1250000 110000 26000 A 280000 62000 133200 1980000 1386000 +A 594000 Per Unit GA $ 475000 $ 118800 A For the Year Ending December 31, 2022 Total 1250000 110000 26000 $ 280000 62000 133200 +A 1980000 1386000 A Per Unit 594000 $ 475000 118800 Percent of Sales % % do %
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