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Sandhill Industries produces and sells a cell phone-operated home security control systems. Information regarding the costs and sales during May 2022 is as follows.

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Sandhill Industries produces and sells a cell phone-operated home security control systems. Information regarding the costs and sales during May 2022 is as follows. Unit selling price $40.00 Unit variable costs $23.20 Total monthly fixed costs $121,000 Units sold 8,500 Prepare a CVP income statement for Sandhill Industries for the month of May. (Round per unit answers to 2 decimal places, e.g. 15.25) Sandhill Indestries CVP Income Statement For the Month Ended May 31, 2022 Sales Variable Costs Contribution Min Total 340000 197200 Per Unit Percent of Sales C 100 % Ac 23.20 23.20 850 % Qu Acc

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