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Cedar Grove Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2017 are
Cedar Grove 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. Unit selling price of security control $49 Unit variable costs $28 Total monthly fixed costs $121,000 Units sold 7,600 Prepare a CVP income statement for Cedar Grove Industries for the month of May. Provide per unit values and total values.
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