Oriole Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2022, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $1,860,000 430,000 400,000 420,000 230,000 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $118,000 61,000 27,000 81,000

Oriole Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16 -ounce bottle to retailers, wh charge customers 75 cents per bottle. For the year 2022, management estimates the following revenues and costs. Prepare a CVP income statement for 2022 based on management's estimates. Question 2 of 2