Question 1 of 3 1.74/15 e View Policies Show Attempt History Current Attempt in Progress Sandhill 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 $ 1,900,000 Selling expenses variable $ 132,000 Direct materials 470,000 63,000 Selling expenses-fixed Administrative expenses-variable Direct labor 340,000 28,000 Manufacturing overhead-variable 360,000 Administrative expenses-fixed 94,500 Manufacturing overhead-fixed 270,000 CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Percent of Sales $ 0 $ 19,000,000 $ 11,700,000 132,000 i 28,000 i 1,330,000 0 570,000 Total Variable Expenses 270,000 i Selling Expenses 63,000 i Administrative Expenses 94.500 i Total Fixed Expenses 427,500 i Net Income/(Loss) $ 1,420,500