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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

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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 7 cents per bottle. For the year 2017, management estimates the following revenues an costs. Sales $1,840,000 Selling expenses-variable $70,000 Direct materials 440,000 Selling expenses-fixed 55,000 Direct labor 26,000 300,000 360,000 Administrative expenses-variable Administrative expenses-fixed Manufacturing overhead-variable 46,000 Manufacturing overhead-fixed 511,500 Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $

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