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.

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 %