Problem 18-2A (Part Level Submission) Jorge 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 90 cents per bottle. For the year 2017, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $70,000 45,000 68,400 52,000 $2,064,000 Selling expenses-variable 440,000 Selling expenses-fixed 00,000 Administrative expenses-variable 360,000 Administrative expenses-fixed 637,400