Wildhorse Industries produces and sells a cell phone-operated home security control systems. Information regarding the costs and sales during May 2022 is as follows.

Unit selling price		$49.00
Unit variable costs		$26.95
Total monthly fixed costs		$130,000
Units sold		7,500

Prepare a CVP income statement for Wildhorse Industries for the month of May. (Round per unit answers to 2 decimal places, e.g. 15.25.)

Wildhorse Industries CVP Income Statement choose the accounting period May 31, 2022For the Month Ended May 31, 2022For the Quarter Ended May 31, 2022
		Total		Per Unit		Percent of Sales
select an income statement item Cost of Goods SoldGross ProfitAdministrative ExpensesSalesContribution MarginSelling ExpensesNet Income/(Loss)Variable CostsFixed Costs		$enter a dollar amount		$enter a dollar amount rounded to 2 decimal places		enter percentages %
select an income statement item Gross ProfitFixed CostsCost of Goods SoldAdministrative ExpensesNet Income/(Loss)Variable CostsSelling ExpensesContribution MarginSales		enter a dollar amount		enter a dollar amount rounded to 2 decimal places		enter percentages %
select a summarizing line for the first part Cost of Goods SoldSalesFixed CostsNet Income/(Loss)Administrative ExpensesSelling ExpensesGross ProfitContribution MarginVariable Costs		enter a total amount for the first part		$enter a total amount rounded to 2 decimal places		enter total percentages %
select an income statement item Administrative ExpensesNet Income/(Loss)Cost of Goods SoldGross ProfitSalesFixed CostsSelling ExpensesContribution MarginVariable Costs		enter a dollar amount
select a closing name for this statement Administrative ExpensesGross ProfitContribution MarginSelling ExpensesFixed CostsCost of Goods SoldSalesNet Income/(Loss)Variable Costs		$enter a total net income or loss amount