Problem 18-2A (Part Level Submission) Jorge 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 2017, management estimates the following revenues and costs $50,000 55,000 49,000 52,000 $1,870,000 Selling expenses-variable Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed 400,000 Seing expenses-fixed 360,000 Administrative expenses-variable 450,000 Administrative expenses-fixed 304,000