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Ivanhoe provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation...

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Accounting

Ivanhoe provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation (straight-line) $$1,500 per month Advertising $350 permonth Insurance $2,770 permonth Weed and feed materials $17 perlawn Direct labor $9 perlawn Fuel $2 perlawn Ivanhoe charges $70 per treatment for the average single-family lawn. For the month ended July 31,2022 , the company had total sales of $8,400. (a) Prepare a CVP income statement for the month ended July 31, 2022. IVANHOE CVP Income Statement

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