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 350,000 Administrative expenses-fixed 111,500 Manufacturing overhead-fixed 220,000 PHAROAH COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Sales $ $ Variable Expenses Cost of Goods Sold $ Selling Expenses Administrative Expenses Total Variable Expenses Contribution Margin $ Fixed Expenses Cost of Goods Sold Fixed Expenses