Hamby Inc. has sales of $2,076,000 for the first quarter of 2020. In making the sales the company incurred the following costs and expenses. Cost of goods sold Selling expenses Administrative expenses Variable $779.000 96,700 81,600 Fixed $614,000 63,500 70.800 Prepare a CVP income statement for the quarter ended March 31, 2020 HAMBY INC. Income Statement $ Administrative expenses 81,600 70,800 Prepare a CVP income statement for the quarter ended March 31, 2020. HAMBY INC. Income Statement $ VA e Textbook and Media Save for Later Attempts: 0 of 3 used