Sheridan Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers.

For the year 2022, management estimates the following revenues and costs.

Question 4 of 5 > 0.15/4 III View Policies Show Attempt History Current Attempt in Progress Sheridan Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16 ounce bottle to retailers For the year 2022 management estimates the following revenues and costs. Sales $1,980,000 $79.000 Selling expenses-variable Selling expenses-fixed Direct materials 500,000 56,000 Direct labor 380,000 27.000 Administrative expenses--variable Administrative expenses-fixed Manufacturing overhead-variable 400,000 179,500 Manufacturing overhead-fixed 210,000 Questiu 4 U13 0.15/4 III Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places de 0.251) SHERIDAN COMPANY CVP Income Statement (Estimated) For the Ending December 31, 2002 Total Per Unit Sales Selline Expenses Total Fixed Expenses Manufacturing Overhead Selling Expenses DOLM 537 nere to search O Question 4 of 5 0.15/4 TIT Administrative Expenses Total Variable Expenses Contribution Marin Fixed Expenses Manufacturing Overhead Selling Expenses Administrative Expenses Net Incoma/Loss) SHERIDAN COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Total Per Unit Percent of Sales IND to search o O 5347 100 PM 11/ Question 4 of 5 0.15/4 E X He to search O Contribution Margin Gross Profit Sales Manufacturing Overhead Total Variable Expenses Cost of Goods Sold Fixed Expenses Administrative Expenses Total Fixed Expenses Selling Expenses Contribution Margin Variable Expenses Net Income/(Loss) Net Income/(Loss) >>