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Ivanhoe 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
Ivanhoe 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. (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.) Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, e.g. 0.251.) IVANHOE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 \begin{tabular}{|l|l|l|l|l|} \hline & & Total \\ \hline Sales & 0 & $ & 1650000 & $ \\ \hline \end{tabular} Variable Expenses Fixed Expenses Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, e.g. 0.251.) IVANHOE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022
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