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Ivanhoe Inc had sales of $2,300,000 for the first quarter of 2022 (it sold 230.000 units). In making the sales, the company incurred the following

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Ivanhoe Inc had sales of $2,300,000 for the first quarter of 2022 (it sold 230.000 units). In making the sales, the company incurred the following costs and expenses. Variable Fixed $888,000 $464,000 Cost of goods sold Selling expenses Administrative expenses 74,000 54,000 96,000 145.000 Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, e8. 15.25.) IVANHOE INC. CVP Income Statement Total Per Unit Percent of Sales $ 96 $

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