Ivanhoe Inc. had sales of $1,892,000 for the first quarter of 2022. In making the sales, the company incurred the follow

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Ivanhoe Inc Had Sales Of 1 892 000 For The First Quarter Of 2022 In Making The Sales The Company Incurred The Follow 1 (75.86 KiB) Viewed 24 times

Ivanhoe Inc. had sales of $1,892,000 for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $791,200 $378,400 Selling expenses 60,200 38,700 Administrative expenses 73,960 84,280 Prepare a CVP income statement for the quarter ended March 31, 2022. IVANHOE INC. CVP Income Statement For the Quarter Ended March 31, 2022 Sales $ 1892000 Cost of Goods Sold Gross Profit $