FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Blossom provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.
Depreciation (straight-line) $1,400 per month
Advertising
$200 per month
$3,680
per month
$13
per lawn
$16
per lawn
$3 per lawn
Insurance
Weed and feed materials
Direct labor
Fuel
Blossom charges $80 per treatment for the average single family lawn. For the month ended July 31, 2022, the company had total
sales of $9.600.
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Transcribed Image Text:Blossom provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation (straight-line) $1,400 per month Advertising $200 per month $3,680 per month $13 per lawn $16 per lawn $3 per lawn Insurance Weed and feed materials Direct labor Fuel Blossom charges $80 per treatment for the average single family lawn. For the month ended July 31, 2022, the company had total sales of $9.600.
Prepare a CVP income statement for the month ended July 31, 2022.
Total
BLOSSOM
CVP Income Statement
$
Per Unit
Percent of Sales
%
%
%
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Transcribed Image Text:Prepare a CVP income statement for the month ended July 31, 2022. Total BLOSSOM CVP Income Statement $ Per Unit Percent of Sales % % %
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