Sunland 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 Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $1,800,000 410,000 400,000 420,000 220.000 Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $93.000 55.000 27.000 85.000 Prepare a CVP income statement for 2020 based on management's estimates. SUNLAND COMPANY CVP Income Statement (Estimated) $ > $ $ e Textbook and Media Calculate variable cost per bottle. (Round variable cost per bottle to 3 decimal places, e.g. 0.251) Variable cost per bottle $ e Textbook and Media