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Crane 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 2020, management estimates the following revenues and costs Sales $1.750.000 596,500 Direa materials Direct labor 450,000 Selling expenses variable Selling openses-foed Administrative experies-variable Administrative expenses--fored 68000 360.000 26.000 Manufacturing overhead variable 380,000 69.500 Manufacturing overhead-fred 130,000 (5) Prepare a CVP Income statement for 2020 based on management's estimates CRANE COMPANY CVP Income Statement (Estimated For the Year Ending December 31, 2020 Prepare a CVP income statement for 2020 based on managements estimates CRANE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 $ v V $ e Textbook and Media Attempts:0 of 3 used (61) The parts of this question Toode This artwil bewyou complete the part above (52)