Sunland Industries produces and sells a cell phone-operated home security control systems. Information regarding the costs and sales during May 2022 is as follows Unit selling price Unit variable costs Total monthly fixed costs Units sold $45.00 $23.85 $129,000 8,400 Prepare a CVP income statement for Sunland Industries for the month of May. (Round per unit answers to 2 decimal places, e.g. 15.25.) $ Total Sunland Industries CVP Income Statement Per Unit Percent of Sales % % %

Sunland Industries produces and sells a cell phone-operated home security control systems. Information regarding the costs and sales during May 2022 is as follows Unit selling price Unit variable costs Total monthly fixed costs Units sold $45.00 $23.85 $129,000 8,400 Prepare a CVP income statement for Sunland Industries for the month of May. (Round per unit answers to 2 decimal places, e.g. 15.25.) $ Total Sunland Industries CVP Income Statement Per Unit Percent of Sales % % %

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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