Blossom Manufacturing Ltd. had sales for January 2022 of $1,025,000. The units sold were 20,500, and...

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Blossom Manufacturing Ltd. had sales for January 2022 of $1,025,000. The units sold were 20,500, and the expenses for January 2022 were as follows: Cost of goods sold Selling expenses Administrative expenses Variable $207,050 56,375 29,725 Fixed $123,000 28,700 35,875 Required Prepare CVP Income Statement Calculate the contribution margin per unit. Blossom Manufacturing Ltd. had sales for January 2022 of $1,025,000. The units sold were 20,500, and the expenses for January 2022 were as follows: Cost of goods sold Selling expenses Administrative expenses Variable $207,050 56,375 29,725 Fixed $123,000 28,700 35,875 Required Prepare CVP Income Statement Calculate the contribution margin per unit.

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To prepare a CVP CostVolumeProfit income statement we need to calculate the contribution margin per ... View the full answer