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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
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 2020, management estimates the following revenues and costs. JORGE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Sales Variable Expenses \begin{tabular}{|l|r|r|r|r|} \hline Cost of Goods Sold \\ \hline Selling Expenses \\ \hline Administrative Expenses V \\ \hline Total Variable Expenses & \\ \hline \end{tabular} Fixed Expenses Selling Expenses \begin{tabular}{|r|r|} \hline 65,000 & i \\ \hline \end{tabular} Administrative Expenses \begin{tabular}{|r|r|} \hline 60,000 & i \\ \hline \end{tabular} \begin{tabular}{|l|r|r|} \hline Cost of Goods Sold \\ \hline \end{tabular} Total Fixed Expenses Net Income/(Loss) \begin{tabular}{l} \hline$135,000 \\ \hline \end{tabular} 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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