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Show me the steps and please find the right answer. Current Attempt in Progress Splish Brothers Corporation had sales of $3,000,000 for the year ended
Show me the steps and please find the right answer.
Current Attempt in Progress Splish Brothers Corporation had sales of $3,000,000 for the year ended December 31, 2022. The unit selling price was $ 12. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $ 838,000 $760,000 Selling expenses 123,000 53,000 Administrative expenses 239,000 78,000 Prepare a GAAP income statement. SPLISH BROTHERS CORPORATION GAAP Income Statement For the Year Ended December 31, 2022 Sales $ $ 3000000 Cost of Goods Sold 1598000 i Gross Profit 1402000 Operating Expenses Selling Expenses $ 176000 i Administrative Expenses 317000 PO Total Operating Expenses 493000 i Administrative Expenses 317000 i Total Operating Expenses 493000 i Administrative Expenses $ $ 909000 e Textbook and Media Prepare a CVP income statement. (Round per unit answers to 2 decimal places, e.g. 15.25.) SPLISH BROTHERS CORPORATION CVP Income Statement For the Year Ended December 31, 2022 Total Per Unit Sales $ $ $ Variable Costs Cost of Goods Sold $ Administrative Expenses Selling Expenses Total Variable Costs Total Variable Costs Contribution Margin $ Fixed Costs Cost of Goods Sold
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