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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 the

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 Net Income/(Loss)Selling ExpensesContribution MarginVariable CostsFixed CostsGross ProfitSalesAdministrative ExpensesCost of Goods Sold

$enter a dollar amount

$enter a dollar amount rounded to 2 decimal places enter percentages %

select an income statement item Cost of Goods SoldVariable CostsFixed CostsContribution MarginSelling ExpensesSalesNet Income/(Loss)Administrative ExpensesGross Profit

enter a dollar amount

enter a dollar amount rounded to 2 decimal places enter percentages %

select a summarizing line for the first part SalesContribution MarginNet Income/(Loss)Fixed CostsAdministrative ExpensesCost of Goods SoldGross ProfitSelling ExpensesVariable Costs

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 Variable CostsSalesFixed CostsNet Income/(Loss)Selling ExpensesGross ProfitCost of Goods SoldContribution MarginAdministrative Expenses

enter a dollar amount

select a closing name for this statement Variable CostsNet Income/(Loss)Cost of Goods SoldAdministrative ExpensesGross ProfitFixed CostsContribution MarginSelling ExpensesSales

$enter a total net income or loss amount

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