Question 5 of 5 < View Policies Show Attempt History Current Attempt in Progress 0.41/3 Ivanhoe 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 $1,950,000 Selling expenses-variable $171,000 Direct materials 470,000 Selling expenses-fixed 59,000 Direct labor 340,000 Administrative expenses-variable 24,000 Manufacturing overhead-variable. 360,000 Administrative expenses-fixed 120,500 Manufacturing overhead-fixed 230,000