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 Unit variable costs Total monthly fixed costs Units sold Sales 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.) Variable Costs Contribution Margin $50.00 $28.50 $121,000 Fixed Costs 7,600 tA Wildhorse Industries CVP Income Statement For the Month Ended May 31, 2022 Total 380000 216600 163400 121000 i LA $ Per Unit 50.00 28.50 i 21.50 Percent of Sales 100 % do % %

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