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

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Accounting

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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 2020, management estimates the following revenues and costs. Prepare a CVP income statement for 2020 based on management's estimates. JORGE COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 $ $

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