Naylor Manufacturing Inc. sold 7,620 units and recorded sales of $495,300 for the first month of 2020. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $238,880 $62.800 Selling expenses 47.500 30.800 Administrative expenses 10,800 38.400 Prepare a CVP income statement for the month ended January 31. 2020. NAYLOR MANUFACTURING INC. CVP Income Statement Total Per Unit