Carla Vista Inc. had sales of $2,390,000 for the �rst quarter of 2022 (it sold 239,000 units). In
making the sales, the company incurred the following costs and expenses.
ITEM, Variable, Fixed
Cost of goods sold, $950,100, $490,000
Selling expenses, 111,000, 51,000
Administrative expenses, 110,000, 108,000
Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, e.g. 15.25.)
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CVP income statement for the quarter ended March 31, 2022
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