Question: Not sure what I did wrong here.... Do It! Review 19-3 Your answer is partially correct. Try again. Cedar Grove Industries produces and sells a

Not sure what I did wrong here....

Do It! Review 19-3 Your answer is partially correct. Try again. 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 Unit variable costs Total monthly fixed costs Units sold $45 $28 $135,000 8,000 Prepare a CVP income statement for Cedar Grove Industries for the month of May. Provide per unit values and total values. Cedar Grove Industries For the Month Ended May 31, 201 Sales 45 360,000 Variable Costs 28 224,000 Contribution Margin 17 136,000 Fixed Costs 135,000 Net Income/(Loss) 1,000

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