Radial Inc. had sales of $2,400,000 for the first quarter of 2014. In making the sales, the

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Radial Inc. had sales of $2,400,000 for the first quarter of 2014. In making the sales, the company incurred the costs and expenses shown below

Prepare a CVP income statement for the quarter ended March 31,2014.

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Accounting Principles

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Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Mar 22, 2012 02:57 AM

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Radial Inc. had sales of $2,400,000 for the first quarter of 2014. In making the sales, the

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Variable Fixed Cost of goods sold Selling expenses Administrative expenses 20,000 $440,000 70,000 86,000 $9 45,000 98,000

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