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Ivanhoe provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation (straight-line) $1,500 per month Advertising $150 per month Insurance
Ivanhoe provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation (straight-line) $1,500 per month Advertising $150 per month Insurance $2,640 per month Weed and feed materials $15 per lawn Direct labor Fuel $5 per lawn $1 per lawn Ivanhoe charges $60 per treatment for the average single-family lawn. For the month ended July 31, 2022, the company had total sales of $7,800. (a) Prepare a CVP income statement for the month ended July 31, 2022. > $ IVANHOE CVP Income Statement Total Per Unit Percent of Sales $ $
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