Question 19 of 27 -114 View Policies Current Attempt in Progress Taveras Industries developed the following information for the product it sells: Sales price Variable cost of goods sold Fixed cost of goods sold Variable selling expense Variable administrative expense Fixed selling expense Fixed administrative expense $50 per unit $28 per unit $650,000 10% of sales price $2.00 per unit $400,000 $300,000 For the year ended December 31, 2020, Taveras produced and sold 100,000 units of product. Prepare a CVP Income statement using the contribution margin format for Taveras Industries for 2020. (List variable expenses before fixed expenses.) TAVERAS INDUSTRIES Income Statement For the Year Ended December 31, 2020 Question 19 of 27