Zhoax Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales

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Zhoax Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2020 are provided below. 

Unit selling price of security control                  €45

Unit variable costs                                                €22

Total monthly fixed costs                               €120,000

Units sold                                                              8,000

Prepare a CVP income statement for Zhoax Industries for the month of May. Provide per unit values and total values.

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Related Book For  book-img-for-question

Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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