Sunland Industries produces and sells a cell phone-operated home security control systems. Information regarding the costs and sales during May 2022 is as follows Unit selling price Unit variable costs Total monthly fixed costs Units sold $45.00 $23.85 $129,000 8,400 Prepare a CVP income statement for Sunland Industries for the month of May. (Round per unit answers to 2 decimal places, e.g. 15.25.) $ Total Sunland Industries CVP Income Statement Per Unit Percent of Sales % % %

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
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Sunland Industries produces and sells a cell phone-operated home security control systems. Information regarding the costs and sales during May 2022 is as follows.
Unit selling price
Unit variable costs
Total monthly fixed costs
Units sold
$45.00
$23.85
$129,000
8,400
Prepare a CVP income statement for Sunland Industries for the month of May. (Round per unit answers to 2 decimal places, e.g. 15.25.)
$
Total
Sunland Industries
CVP Income Statement
$
$
Per Unit
Percent of Sales
%
%
%
Transcribed Image Text:Sunland Industries produces and sells a cell phone-operated home security control systems. Information regarding the costs and sales during May 2022 is as follows. Unit selling price Unit variable costs Total monthly fixed costs Units sold $45.00 $23.85 $129,000 8,400 Prepare a CVP income statement for Sunland Industries for the month of May. (Round per unit answers to 2 decimal places, e.g. 15.25.) $ Total Sunland Industries CVP Income Statement $ $ Per Unit Percent of Sales % % %
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