Question
A Candy Company plans to sell 3,000 candy bars with the following information: Financial Information Selling price per candy bar......................................................................... $1.00 Variable cost of goods
A Candy Company plans to sell 3,000 candy bars with the following information:
Financial Information
Selling price per candy bar......................................................................... $1.00
Variable cost of goods sold per candy bar............................................... $ .40
Fixed manufacturing cost per year............................................................. $12,000
Variable cost of goods sold per candy bar.................................................... $ .30
Variable selling and administrative expense per candy bar...................... $ .05
Fixed selling and administrative expense.................................................. $ 4,000
prepare a CVP formatted income statement
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