i need some help please, the answers i have are not right. ...
80.2K
Verified Solution
Link Copied!
Question
Accounting
i need some help please, the answers i have are not right.
Question 1 of 2 > -/2.5 Blossom Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2020 are provided below. $ 49 $ 28 Unit selling price of security control Unit variable costs Total monthly fixed costs Units sold $ 126,000 8,300 Prepare a CVP income statement for Blossom Industries for the month of May. Provide per unit values and total values. Blossom Industries CVP Income Statement Total Per Unit Sales 337500 $ 45 22 165000 Variable Costs 172500 $ 23 Contribution Margin 121000 Fixed Costs 51500 Net Income/(Loss) $
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!