Your answer is partially correct. Cedar Grove Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2020 are provided below. Unit selling price of security control Unit variable costs Total monthly fixed costs Units sold $45 $22 $120,000 8,000 Prepare a CVP income statement for Cedar Grove Industries for the month of May. Provide per odif values and total values Prepare a CVP income statement for Cedar Grove Industries for the month of May. Provide per unit values and total values. Cedar Grove Industries CVP Income Statement For the Month Ended May 31, 2020 Sales Variable Costs Total 372,400 212,800 Contribution Margin 159,600 Ford Costs 121,000 Net income/(Loss) 38.600 Per Unit 22 45 23