Problem 19-2A (Part Level Submission) orge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 90 cents per bottle. For the year 2017, management estimates the following revenues and costs. Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed $60,000 60,000 83,800 58,000 $2,052,000 Selling expenses-variable 460,000 Selling expenses-fixed 300,000 Administrative expenses-variable 430,000 Administrative expenses-fixed 539,300 | (a) Your answer is partially correct. Try again. Prepare a CVP income statement for 2017 based on management's estimates JORGE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2017 2052000 Cost of Goods Sold 60000