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Sunland Inc. had sales of $2.240,000 for the first quarter of 2022 (it sold 224,000 units). In making the sales the company incurred the following

image text in transcribed Sunland Inc. had sales of $2.240,000 for the first quarter of 2022 (it sold 224,000 units). In making the sales the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $798.000 $476,000 Selling expenses 102,000 $2,000 Administrative expenses 108,000 101.000 Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, eg. 15.25) Sales Variable Costs Contribution Margin Fixed Costs Net Income/(Losd SUNLAND INC. CVP Income Statement For the Quarter Ended March 31, 2022 Total Per Unit Percent of Sales eTextbook and Media Save for Later Attempts: 0 of 3 used Submit

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