wo prod provided the following data: Selling price Jariable costs Units Fertilizer $100.00 $60.00 Mulch $20.00 $15.00 4,000 10,000 Anpual fived cost $62 000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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plzz explain it properly

They have provided the following data:
ahd sell two products, fertilizer and mulch.
Fertilizer
Mulch
Selling price
$100.00
$60.00
$20.00
$15.00
Variable costs
Units
4,000
10,000
Annual fixed cost $62,000
Prepare a cost-volume-profit income statement for Park Corporation.
Park Corporation
CVP Income Statement
For the Year Ending December 31, 2020
Cost of Goods Manuf.
Transcribed Image Text:They have provided the following data: ahd sell two products, fertilizer and mulch. Fertilizer Mulch Selling price $100.00 $60.00 $20.00 $15.00 Variable costs Units 4,000 10,000 Annual fixed cost $62,000 Prepare a cost-volume-profit income statement for Park Corporation. Park Corporation CVP Income Statement For the Year Ending December 31, 2020 Cost of Goods Manuf.
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