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Cullumber 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 (a) $1,750,000 Your answer is partially correct. 460,000 390,000 Selling Selling expenses-fixed Administrative expenses-variable 410,000 Administrative expenses-fixed 100,000 expenses-variable Prepare a CVP income statement for 2020 based on management's estimates. CULLUMBER COMPANY CVP Income Statement (Estimated) $113,000 50,000 27,000 77,500
Question 3 of 4 Sales Total Variable Expenses : > CVP Income Statement (Estimated) 000 MacBook Air 1750000 Player Ul Applicatio 0.04/2.5 E