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Business, 12.01.2021 17:40 soom6080

Hamby Inc. has sales of $2,065,000 for the first quarter of 2020. In making the sales, the company incurred the following costs and expenses. Variable Fixed

Cost of goods sold $772,000 $620,000
Selling expenses 97,900 62,800
Administrative expenses 84,700 69,000

Required:
Prepare a CVP income statement for the quarter ended March 31, 2017.

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Hamby Inc. has sales of $2,065,000 for the first quarter of 2020. In making the sales, the company i...
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