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Bruno Manufacturing Inc. has sales of $2,371,200 for the first quarter of 2010. In making the sales, the company incurred the following costs and expenses.

Variable Fixed
Cost of goods sold $944,040 $461,850
Selling expenses 103,390 88,270
Administrative expenses 109,460 147,570

Complete the CVP income statement for the quarter ended March 31, 2010.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M9430331

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