Question

Cedar Grove Industries 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 ......... $45
Unit variable costs ................ $22
Total monthly fixed costs ............$120,000
Units sold .....................8,000
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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  • CreatedMarch 02, 2015
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