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Final Exam - Summer 2022 Question 1 of 13 - /10 3 : Sheridan Manufacturing Ltd. had sales for January 2022 of $1,075,000. The units

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Final Exam - Summer 2022 Question 1 of 13 - /10 3 : Sheridan Manufacturing Ltd. had sales for January 2022 of $1,075,000. The units sold were 21,500, and the expenses for January 2022 were as follows: Variable Fixed Cost of goods sold $204,250 $131,150 Selling expenses 63,425 32,250 Administrative expenses 30,100 37,625 (a) Prepare a detailed CVP income statement for the month ended January 31, 2022. (Round per unit cost to 2 decimal places, e.g. 15.25.) Sheridan Manufacturing Inc. CVP Income Statement For Month Ended January 31, 2022 + Total 10 0 0 21 tv W MacBook Al

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