Prepare turning into a cvp formatted income statement

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Moorcroft Company plans to sell 3,000 candy bars with the following information:

Financial Information

Selling price per candy bar......................................................................... $1.00

Variable cost of goods sold per candy bar............................................... $ .40

Fixed manufacturing cost per year............................................................. $12,000

Variable cost of goods sold per candy bar.................................................... $ .30

Variable selling and administrative expense per candy bar...................... $ .05

Fixed selling and administrative expense.................................................. $ 4,000

Question 1: Prepare turning this into a CVP formatted income statement

Reference no: EM132528085

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