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Sandhill Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for...

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Accounting

Sandhill 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 2022, management estimates the following revenues and costs.
Prepare a CVP income statement for 2022 based on management's estimates. (Round per unit answers to 3 decimal places, es.
0.251).
Variable Expenses
Cost of Goods Sold
$
Administrative Expenses
Total Variable Expenses
Contribution Margin
Fixed Expenses
Cost of Goods Sold
Administrative Expenses
Total Fixed Expenses
Net Income/(Loss)
4
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