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anhoe Manufacturing Inc. had sales of $2.75 million for the first quarter of 2022. In making the sales, the company incurred the following costs and
anhoe Manufacturing Inc. had sales of $2.75 million for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses: Cost of goods sold Selling expenses Administrative expenses Variable $913,500 69,500 87,000 Fixed $447,500 40,000 98,500 Prepare a CVP income statement for the quarter ended March 31, 2022.
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