CraneManufacturing Inc. had sales of $2.75 million for the first quarter of 2022. In making...
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CraneManufacturing Inc. had sales of $2.75 million for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses: Cost of goods sold Selling expenses Administrative expenses Variable $913,500 73,000 87,500 Fixed $449,000 40,000 99,000 Prepare a CVP income statement for the quarter ended March 31, 2022
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