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Oriole Inc. had sales of $2,250,000 for the first quarter of 2020. In making the sales, the company incurred the following costs and expenses Cost

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Oriole Inc. had sales of $2,250,000 for the first quarter of 2020. In making the sales, the company incurred the following costs and expenses Cost of goods sold Selling expenses Administrative expenses Variable Fixed $947,000 $451,000 71,000 66,000 133,000 143,000 Prepare a CVP income statement for the quarter ended March 31, 2020. ORIOLE INC. CVP Income Statement

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