Solution-Prepare a cvp income statement for the quarter

Prepare a cvp income statement for the quarter ended march

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Reference no: EM133011236

Question - Fontillas Manufacturing Inc. had sales of $2.75 million for the first quarter of 2020. In making the sales, the company incurred the following costs and expenses:

	Variable	Fixed
Cost of goods sold	$910,500	$444,000
Selling expenses	74,000	41,500
Administrative expenses	87,000	95,000

Required - Prepare a CVP income statement for the quarter ended March 31, 2020.

Reference no: EM133011236

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Prepare a cvp income statement for the quarter ended march : Fontillas Manufacturing Inc. had sales of $2.75 million for the first quarter of 2020. Prepare a CVP income statement for the quarter ended March

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Prepare a cvp income statement for the quarter ended march

Reference no: EM133011236

Reference no: EM133011236

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