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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
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 52,000 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, e.g. 15.25.) SUNLAND INC. CVP Income Statement Total Per Unit Percent of Sales $ $ % % $ %
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