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

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Carla Vista Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle Prepare a CVP income statement for 2020 based on managements estimates. CARLA VISTA COMPANY CVP Income Statement (Estimated)

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Answer 1

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CARLA VISTA COMPANY
CVP Income Statement (ESTIMATED)
For the year ending December 31, 2020

	$	$
Sales		1,980,000.00
Variable Expenses:
Cost of goods sold	1,250,000.00
(430,000+4,00,000+4,20,000)
Selling Expenses	110,000.00
Administrative Expense	26,000.00
Total Variable Expense		1,386,000.00

Contribution Margin		594,000.00
Fixed Expenses
Cost of goods sold	280,000.00
Selling Expense	62,000.00
Administrative Expense	133,200.00
Total Fixed Expense		475,200.00

Net Income		118,800.00

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