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Carla Vista Inc. had sales of $ 2,340,000 for the first quarter of 2022 (it sold 234,000 units). In making the sales, the company incurred

Carla Vista Inc. had sales of $2,340,000 for the first quarter of 2022 (it sold 234,000 units). In making the sales, the company incurred the following costs and expenses.

Variable
Fixed
Cost of goods sold
$863,400 $468,000
Selling expenses
121,000 75,000
Administrative expenses
92,000 103,000

Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, e.g. 15.25.)

CARLA VISTA INC.
CVP Income Statement

choose the accounting period March 31, 2022For the Quarter Ended March 31, 2022For the Month Ended March 31, 2022
Total
Per Unit
Percent of Sales
select an income statement item Variable CostsSelling ExpensesSalesCost of Goods SoldFixed CostsNet Income/(Loss)Contribution MarginAdministrative ExpensesGross Profit
$enter a dollar amount
$enter a dollar amount rounded to 2 decimal places enter percentages %
select an income statement item Net Income/(Loss)Fixed CostsGross ProfitContribution MarginVariable CostsSalesSelling ExpensesCost of Goods SoldAdministrative Expenses
enter a dollar amount
enter a dollar amount rounded to 2 decimal places enter percentages %
select a summarizing line for the first part Gross ProfitVariable CostsSelling ExpensesCost of Goods SoldSalesNet Income/(Loss)Fixed CostsContribution MarginAdministrative Expenses
enter a total amount for the first part
$enter a total amount per unit rounded to 2 decimal places enter total percentages %
select an income statement item Gross ProfitAdministrative ExpensesFixed CostsCost of Goods SoldContribution MarginSalesVariable CostsSelling ExpensesNet Income/(Loss)
enter a dollar amount
select a closing name for this statement Administrative ExpensesVariable CostsSelling ExpensesGross ProfitFixed CostsCost of Goods SoldNet Income/(Loss)Contribution MarginSales
$enter a total net income or loss amount

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