Cullumber Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs. Sales $1,750,000 Selling expenses-variable $113,000 Direct materials 460,000 Selling expenses-fixed 50,000 Direct labor 390,000 Administrative expenses-variable 27,000 Manufacturing overhead-variable 410,000 Administrative expenses-fixed 77,500 Manufacturing overhead-fixed 100,000 1260000 i 113000 i 27000 i 100000 i 50000 i 77500 i CULLUMBER COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 $ $ Total 1750000 $ 1400000 350000 227500 122500 Per Unit 0.40 0.50 0.10 Percent of Sales 80 100 20 (b1) Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $ 6A