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Pharoah Company bottles and distributes B-Lite a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers. For the
Pharoah Company bottles and distributes B-Lite a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers. 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 Manufacturing overhead-variable Manufacturing overhead-fixed 350.000 Administrative expenses-fixed 111.500 220.000 (a) Prepare a CVP Income statement for 2022 based on management's estimates/Round per unit answers to 3 decimal places, eg 0.251) PHAROAH COMPANY CVP Income Statement (Estimated) Total Per Unit
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