Current Attempt in Progress Cullumber Inc. has sales of $2,120,000 for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $805,600 $636,000 Selling expenses 100,700 63,600 Administrative expenses 83,740 69,960 Prepare a CVP income statement for the quarter ended March 31, 2022. CULLUMBER INC. CVP Income Statement For the Quarter Ended March 31, 2022 CULLUMBER INC. CVP Income Statement For the Quarter Ended March 31, 2022 4 Sales $ Variable Expenses Cost of Goods Sold $ Selling Expenses Administrative Expenses Total Variable Expenses Contribution Margin Fixed Expenses Cost of Goods Sold Selling Expenses Administrative Fynenses Cost of Goods Sold $ Selling Expenses Administrative Expenses Total Variable Expenses Contribution Margin Fixed Expenses A Cost of Goods Sold Selling Expenses Administrative Expenses Total Fixed Expenses a 4 $