Sales Blue Spruce 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. $1,800,000 Selling expenses variable $60,000 Direct materials 380,000 Selling expenses Fixed 50,000 Direct labor 310,000 Administrative expenses variable 30,000 Manufacturing overhead-variable 300,000 Administrative expenses-fixed 50,000 Manufacturing overhead-faced 444,000 Your answer is partially correct. Try again. Prepare a CVP Income statement for 2017 based on management's estimates