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Old MathJax webview Progress haroah Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to

Old MathJax webview

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Progress haroah Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to re who charge customers 75 cents per bottle. For the year 2022, management estimates the following revenues and costs. Sales $ 1,850,000 Selling expenses-variable $ 102,000 Direct materials 490.000 Selling expenses-fixed 57,000 Direct labor 330,000 Administrative expenses-variable 23,000 350,000 Manufacturing overhead-variable 111.500 Administrative expenses-fixed Manufacturing overhead-fixed 220,000 PHAROAH COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Sales ta $ 1850000 Variable Expenses V Selling Expenses 102000 23000 Administrative Expenses Cost of Goods Sold Total Variable Expenses V Contribution Margin Fixed Expenses V Selling Expenses 57000 111500 > Administrative Expenses Cost of Goods Sold Total Fixed Expenses $ Net Income (Loss)

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