Crane 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 2020, management estimates the following revenues and costs. Sales $1,750,000 Selling expenses-variable $96.500 Direct materials 450.000 Selling expenses-fixed 63.000 Direct labor 360,000 Administrative expenses-variable 26,000 Manufacturing overhead-variable 380,000 Administrative expenses-foxed 69,500 Manufacturing overhead-fixed 130,000 Prepare a CVP income statement for 2020 based on management's estimates. CRANE COMPANY CVP Income Statement (Estimated)

Crane 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 2020, management estimates the following revenues and costs. Sales $1,750,000 Selling expenses-variable $96.500 Direct materials 450.000 Selling expenses-fixed 63.000 Direct labor 360,000 Administrative expenses-variable 26,000 Manufacturing overhead-variable 380,000 Administrative expenses-foxed 69,500 Manufacturing overhead-fixed 130,000 Prepare a CVP income statement for 2020 based on management's estimates. CRANE COMPANY CVP Income Statement (Estimated)

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please provide explanation , computation for each part and numbers clearly answer in text form

Crane 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 2020, management estimates the following revenues and costs.
Sales
$1,750,000
Selling expenses-variable
$96,500
Direct materials
450,000
Selling expenses-fixed
63.000
Direct labor
360,000
Administrative expenses-variable
26,000
Manufacturing overhead-variable
380,000
Administrative expenses-foxed
69,500
Manufacturing overhead-fixed
130,000
Prepare a CVP income statement for 2020 based on management's estimates.
CRANE COMPANY
CVP Income Statement (Estimated)
For the Year Ending December 31, 2020
$
$

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Most work is done need help with Per Unit and Percent of Sales Section.
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