Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i need some help please, the answers i have are not right. Question 1 of 2 > -/2.5 Blossom Industries produces and sells a cell
i need some help please, the answers i have are not right.
Question 1 of 2 > -/2.5 Blossom Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2020 are provided below. $ 49 $ 28 Unit selling price of security control Unit variable costs Total monthly fixed costs Units sold $ 126,000 8,300 Prepare a CVP income statement for Blossom Industries for the month of May. Provide per unit values and total values. Blossom Industries CVP Income Statement Total Per Unit Sales 337500 $ 45 22 165000 Variable Costs 172500 $ 23 Contribution Margin 121000 Fixed Costs 51500 Net Income/(Loss) $ Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started