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