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Sandhill manufacturing inc. had sales of 2.85 million for the first quarter of 2022. in making the sales, the company incurred the following costs and
Sandhill manufacturing inc. had sales of 2.85 million for the first quarter of 2022. in making the sales, the company incurred the following costs and expenses
variable | fixed | |
cogs | 910500 | 449,000 |
selling expenses | 68000 | 42500 |
administrative expenses | 87,500 | 95,500 |
Prepare a CVP income statement for the quarter ended in March 31, 2022
Income Statement
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