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Question 3 of 4 0.4/1 E View Policies Show Attempt History Current Attempt in Progress Crane Company bottles and distributes B-Lite, a diet soft drink The beverage is sold for 50 cents per 16-cunce 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 Selling expenses-variable $ 96.500 Direct materials 450,000 Selling expenses-fixed 62000 Direct labor 360,000 Administrative expenses variable 26000 Manufacturing overhead-variable 380.000 Administrative expenses-food 69.500 Manufacturing overhead-fired 130.000 (a) Your answer is correct Prepare a CVP Income statement for 2020 based on managements inte CRANE COMPANY CVP Income Statement Estimated For the Year Ending December 31, 2020 2 111000 Var Coutal doodle BOCO CRANE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 Sales 1750000 Vartable Expenses Cost of Goods Sold 1590000 Selle penses 96500 Administrative pe 24000 Total Variable Expenses 1312500 Conubulon Mary 37500 Pedipende Cost of Good 130000 Seling V 63000 Admin 69500 Totalten 21250 come 113000 Textbook and Media Net Income Los) 175000 e Textbook and Media Attempts 1 of 3 used (61) Your answer is correct Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal proces, 0251) Variable cost per bottle 0.375 eTextbook and Media Attempts. 1 of 3 used (62) Comote the break-even continuits and dolls Round answers to decimal plat 1.225 0.471 iii eTextbook and Media Attempts 1 of 3 used (62) Compute the break-even point in (1) units and (2) dollars. Round answers to decinal places, s 1.225) (1) Units Compute the break-even poine Compute the break enn point (23) $ e Textbook and Media Store Attempts:0 of 3 used the The parts of this question mit becomaleed in order. The part will be able when you complete the part bove (d The parts of thou comodin order. This content