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Current Attempt in Progress Blossom Manufacturing Ltd's sales for the year ended December 31, 2022 are $1.22 million. The expenses for 2022 are as follow Cost of goods sold Selling expenses Administrative expenses Variable $408,000 71,400 35,620 Fixed $229,500 33,660 45,900 Prepare a detailed CVP income statement for the year ended December 31, 2022. Blossom Manufacturing Ltd. CVP Income Statement Activa

Current Attempt in Progress Blossom Manufacturing Ltd's sales for the year ended December 31, 2022 are $1.22 million. The expenses for 2022 are as follow Cost of goods sold Selling expenses Administrative expenses Variable $408,000 71,400 35,620 Fixed $229,500 33,660 45,900 Prepare a detailed CVP income statement for the year ended December 31, 2022. Blossom Manufacturing Ltd. CVP Income Statement Activa

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Current Attempt in Progress Blossom Manufacturing Ltd's sales for the year ended December 31, 2022 are $1.22 million. The expenses for 2022 are as follow Cost of goods sold Selling expenses Administrative expenses Variable $408,000 71,400 35,620 Fixed $229,500 33,660 45,900 Prepare a detailed CVP income statement for the year ended December 31, 2022. Blossom Manufacturing Ltd. CVP Income Statement
Transcribed Image Text:Current Attempt in Progress Blossom Manufacturing Ltd's sales for the year ended December 31, 2022 are $1.22 million. The expenses for 2022 are as follow Cost of goods sold Selling expenses Administrative expenses Variable $408,000 71,400 35,620 Fixed $229,500 33,660 45,900 Prepare a detailed CVP income statement for the year ended December 31, 2022. Blossom Manufacturing Ltd. CVP Income Statement
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Transcribed Image Text:Blossom Manufacturing Ltd. CVP Income Statement Activate Window
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