Newport News Manufacturing, Inc. has the following information available for September $2022.$

Unit selling price of navigational equipment $ $400$

Unit variable costs

$$280$

Total fixed costs

$$48,000$

Units sold

$500$

$($a$)$

Your answer is correct.

Prepare a CVP income statement that shows both total and per unit amounts.

NEWPORTNEWS MANUFACTURING, INC. CVP Income Statement

For the Month Ended September $30,2022$ AMy