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Oriole Inc. had sales of $2,250,000 for the first quarter of 2022 (it sold 225,000 units). In making the sales, the company incurred the
Oriole Inc. had sales of $2,250,000 for the first quarter of 2022 (it sold 225,000 units). In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $921,000 $451,000 Selling expenses 71,000 66,000 Administrative expenses 133,000 143,000 Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, e.g. 15.25.) ORIOLE INC. CVP Income Statement For the Quarter Ended March 31, 2022 Total Sales 2.225,000 $ Per Unit 10 Percent of Sales 100 % % %
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