Wildhorse charges $80 per treatment for the average single-family lawn. For the month ended July 31, 2022, the company had total sales of $9,600. (a) Prepare a CVP income statement for the month ended July 31, 2022. Total WILDHORSE CVP Income Statement Per Unit Percent of Sales
Wildhorse charges $80 per treatment for the average single-family lawn. For the month ended July 31, 2022, the company had total sales of $9,600. (a) Prepare a CVP income statement for the month ended July 31, 2022. Total WILDHORSE CVP Income Statement Per Unit Percent of Sales
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Wildhorse provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.
Depreciation (straight-line) $1,400 per month
Advertising
$300
per month
Insurance
$2,920
per month
$22
per lawn
$12
per lawn
$2 per lawn
Weed and feed materials
Direct labor
Fuel
Wildhorse charges $80 per treatment for the average single-family lawn. For the month ended July 31, 2022, the company had total
sales of $9,600.
(a)
Prepare a CVP income statement for the month ended July 31, 2022.
>
>
$
Total
WILDHORSE
CVP Income Statement
$
Per Unit
Percent of Sales
%
do
%
do
%
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