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Sheridan provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. $1,400 per month Depreciation (straight-line) Advertising $100 per month Insurance $4,875
Sheridan provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. $1,400 per month Depreciation (straight-line) Advertising $100 per month Insurance $4,875 per month $21 per lawn Weed and feed materials Direct labor $10 per lawn Fuel $3 per lawn Sheridan charges $85 per treatment for the average single-family lawn. For the month ended July 31, 2022, the company had total sales of $12,750 Prepare a CVP Income statement for the month ended July 31, 2022. SHERIDAN CVP Income Statement Total Per Unit Percent of Sales % % > Gross Profit Fixed Costs Variable Costs Cost of Goods Sold Administrative Expenses Net Income/(Loss) Sales Contribution Margin Selling Expenses Attempts: 0 of 1 used Submit Answer Determine the company's break-even point in (1) number of lawns serviced per month and (2) sales dollars. (1) Break-even point in lawns (2) Break-even point in dollars
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