Business, 22.07.2020 01:01 kaleahearly123

Russell Inc. had sales of $2,300,000 for the first quarter of 2017. In making the sales, the company incurred the following costs and expenses. Variable Fixed
Cost of goods sold $940,000 $464,000
Selling expenses 74,000 54,000
Administrative expenses 96,000 145,000
Prepare a CVP income statement for the quarter ended March 31, 2017.

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