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 2017, management estimates the following revenues and costs. sales $1,840,000 selling expenses—variable $70,000 direct materials 440,000 selling expenses—fixed 55,000 direct labor 300,000 administrative expenses—variable 26,000 manufacturing overhead—variable 360,000 administrative expenses—fixed 46,000 manufacturing overhead—fixed 511,500 prepare a cvp income statement for 2017 based on management’s estimates.

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a. the contractor must submit a standard form 294, subcontracting report for individual contracts. b. the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c. the contractor may submit either an sf 294 or report its subcontracting through esrs. d. the contractor is not required to submit any subcontracting reports.