SandhillManufacturing 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: Cost of goods sold Selling expenses Administrative expenses Variable $910,500 68,000 87,500 $ Fixed $449,000 SANDHILL MANUFACTURING INC. CVP Income Statement $ 42,500 Prepare a CVP income statement for the quarter ended March 31, 2022. 95,500

SanchilManutacturing Inc. had sales of $285 milion for the first quarter of 2022 frmaking the sales, the company incurred the following costs and expense- Prepure a CVP income statement for the quarter ended March 31, 2022