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Ayayai Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2017 are provided
Ayayai Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2017 are provided below. $45 Unit selling price of security control Unit variable costs $22 Total monthly fixed costs $121,000 7,500 Units sold Prepare a CVP income statement for Ayayai Industries for the month of May. Provide per unit values and total values. Ayayai Industries CVP Income Statement Total Per Unit Sales 378000 45 T Variable Costs *variable Costs = 184800 18480| Contribution Margin 193200 Fixed Costs 124000 Net Income/(Loss 69200
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