Oriole provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.

Depreciation (straight-line)		$1,500	per month
Advertising		$400	per month
Insurance		$3,560	per month
Weed and feed materials		$24	per lawn
Direct labor		$3	per lawn
Fuel		$1	per lawn

Oriole charges $80 per treatment for the average single-family lawn. For the month ended July 31, 2022, the company had total sales of $9,600.

(a)

Prepare a CVP income statement for the month ended July 31, 2022.

ORIOLE CVP Income Statement choose the accounting period For the Month Ended July 31, 2022July 31, 2022For the Quarter Ended July 31, 2022
		Total		Per Unit		Percent of Sales
select an income statement item Selling ExpensesAdministrative ExpensesSalesContribution MarginNet Income/(Loss)Cost of Goods SoldVariable CostsGross ProfitFixed Costs		$enter a dollar amount		$enter a dollar amount		enter percentages %
select an income statement item SalesFixed CostsNet Income/(Loss)Cost of Goods SoldContribution MarginAdministrative ExpensesVariable CostsSelling ExpensesGross Profit		enter a dollar amount		enter a dollar amount		enter percentages %
select a summarizing line for the first part Gross ProfitVariable CostsSelling ExpensesSalesCost of Goods SoldNet Income/(Loss)Fixed CostsAdministrative ExpensesContribution Margin		enter a total amount for the first part		$enter a total amount for the first part		enter total percentages %
select an income statement item Cost of Goods SoldSalesFixed CostsGross ProfitAdministrative ExpensesContribution MarginSelling ExpensesNet Income/(Loss)Variable Costs		enter a dollar amount
select a closing name for this statement Cost of Goods SoldVariable CostsSelling ExpensesFixed CostsAdministrative ExpensesSalesGross ProfitContribution MarginNet Income/(Loss)		$enter a total net income or loss amount