Question: Help me please, solving and explaining Current Attempt in Progress Ivanhoe Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for


Current Attempt in Progress Ivanhoe Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16 -ounce bottle to retailers. For the year 2027, management estimates the following revenues and costs. (a) Prepare a CVP incoine statement for 2027 based on management's estimates. (Round per unit onswers to 3 decimal places, es. 0.251.) Prepare a CVP income statement for 2027 based on management's estimates, (Round per unit answers to 3 decimal places, es. 0.251 \)
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