Prepare a cvp income statement for cedar grove industries


CGI- produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2017 are provided below.

Unit selling price of security control
$49
Unit variable costs
$26
Total monthly fixed costs
$134,000
Units sold 7,700

Prepare a CVP income statement for Cedar Grove Industries for the month of May. Provide per unit values and total values.

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Accounting Basics: Prepare a cvp income statement for cedar grove industries
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