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Question 2 of 3 17.47/33 E 1 following costs and expenses. Variable Fixed $921,000 $451,000 Cost of goods sold Selling expenses Administrative expenses 71,000 66,000

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Question 2 of 3 17.47/33 E 1 following costs and expenses. Variable Fixed $921,000 $451,000 Cost of goods sold Selling expenses Administrative expenses 71,000 66,000 133,000 143.000 Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, eg. 15.25.) ORIOLE INC. CVP Income Statement For the Quarter Ended March 31, 2022 Total Per Unit Percent of Sales Sie 2225000 S 10 100134 Variable costs 1125000 506 51 99 Contribution Margin V 1100000 $ 494 49 Fixed Costs 660000 Net Income (Loss) $ 440000 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 cost and expenses Variable Fixed Cost of goods sold $921,000 $451000 71.000 66.000 Selling expenses 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 es 15.25)

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