edugen.wileyplus.com 87% C + WileyPLUS Weygandt, Managerial Accounting, Be Help | System Announcements CALCULATOR PRINTER VERSION BACK IGNMENT RESOURCES NEXT Behaviour and the Problem 5-3A (Video) tribution Margin xercise 5-4 Blossom 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 cercise 5-1 b (Video) costs. ercise 167 ercise 5-3 al-a2 Sales $1,950,000 Selling expenses-variable $67,000 leo) Direct materials 550,000 Selling expenses-fixed 61,000 rcise 171 Direct labor 350,000 Administrative expenses-variable 28,000 Exercise 158 Manufacturing overhead-variable 370,000 Administrative expenses-fixed 59,250 Exercise 159 ise 174 Manufacturing overhead-fixed 260,000 se 5-13 (Video) n 5-3A (Video) Your answer is partially correct. Try again. ore Prepare a CVP income statement for 2020 based on management's estimates. BLOSSOM COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Sales 1950000 Variable Expenses X Cost of Goods Sold 1255000 Selling Expenses 67000 Administrative Expenses 28000