Prepare a cvp income statement for the quarter ended

Reference no: EM13216015

Hamby Inc. has sales of $ 2,000,000 for the forst quarters of 2014. In making the sales the company incurred the following costs and expense
Variable Fixed
Cost of Good sold $760,000 $600,000
Selling expenses $ 95,000 $ 60,000
Administrative expenses $ 79,000 $ 66,000

Prepare a CVP income statement for the quarter ended March 31, 2014.

Reference no: EM13216015

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