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 75 cents per bottle. For the year 2014, management estimates the following revenues and costs.

Obviously only need part C as well as the Contribution Margin Ratio and Margin of Safety Ratio

Problem 18-2A (Part Level Submission) orge 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 2014, management estimates the following revenues and costs $69,200 67,300 48,925 62,400 $ 1,807,500 Selling expenses-variable Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed 428,800 Selling expenses-fixed 352,300 Administrative expenses-variable 311,800 Administrative expenses-fixed 284,400 (a) Your answer is correct. Prepare a CVP income statement for 2014 based on management's estimates JORGE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2014 Sales 1,807,500 Variable Expenses Selling Expenses 69200