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Sandhill Company has sales of $1,573,000 for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses. Product
Sandhill Company has sales of $1,573,000 for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses. Product costs Selling expenses Administrative expenses Variable Net Income $ $510,000 110,000 90,000 Fixed $560,000 85,000 77,000 Calculate the company's net income under CVP for 2022.
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