Sales %, Total Variable Expenses %, Contribution margin %

Wildhorse 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 $1,850,000 Selling expenses-variable $95,000 Direct materials 470,000 Selling expenses-fixed 54,000 Direct labor 340,000 Administrative expenses-variable 30,000 Manufacturing overhead-variable 360,000 Administrative expenses-fixed 109,000 Manufacturing overhead-fixed 170,000 Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, e.g. 0.251.) WILDHORSE COMPANY CVP Income Statement (Estimated) Total Per Unit Sales $ 1,850,000 $ Variable Expenses Selling Expenses $ Administrative Expenses Cost of Goods Sold Total Variable Expenses > Contribution Margin $ A Fixed Expenses > Selling Expenses > Administrative Expenses Total Fixed Expenses Total Fixed Expenses > Net Income/(Loss) $ Percent of Sales % % %