Problem 22-03A Carla Vista 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 75 cents per bottle. For the year 2020, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $1,980,000 Selling expenses-variable $110,000 430,000 Selling expenses-fixed 400,000 Administrative expenses-variable 420,000 Administrative expenses-fixed 280,000 , 3 26,000 133,200 CVP Income Statement (Estimated) For the Year Ending December 31, 2020