Pharoah 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 2022, management estimates the following revenues and costs. Sales $1,850,000 $102,000 Selling expenses-variable Direct materials 57,000 490.000 Selling expenses-fixed 23,000 330,000 Administrative expenses-variable Direct labor 350.000 111,500 Administrative expenses-fixed Manufacturing overhead-variable 220,000 Manufacturing overhead-fixed