Problem 18-2A (Part Level Submission) Jorge 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 2017, management estimates the following revenues and costs. Sales $1,850,000 Selling expensesvariable $50,000 Direct materials 430,000 Selling expensesfixed 50,000 Direct labor 330,000 Administrative expensesvariable 32,500 Manufacturing overheadvariable 360,000 Administrative expensesfixed 60,000 Manufacturing overheadfixed 418,500 (a) Your answer is correct. Prepare a CVP income statement for 2017 based on managements estimates. JORGE COMPANY CVP Income Statement (Estimated) $ $ $ Click if you would like to Show Work for this question: Open Show Work Show Solution Link to Text Link to Text Link to Text Attempts: 2 of 15 used (b1) Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251.) Variable cost per bottle $