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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 $45
Unit variable costs $25
Total monthly fixed costs $124,000
Units sold 8,400

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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