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Radial Manufacturing Inc. had sales of $2,340,100 for the first quarter of 2012. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $964,690 $445,500 Selling expenses 83,828 68,380 Administrative expenses 121,170 141,260 Prepare a CVP income statement for the quarter ended March 31, 2012.

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