Bruno Manufacturing Inc. has sales of $2,200,000 for the first quarter of 2010. In making the sales, the
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Bruno Manufacturing Inc. has sales of $2,200,000 for the first quarter of 2010. In making the sales, the company incurred the following costs and expenses.
Variable Fixed
Cost of goods sold $920,000 $440,000
Selling expenses 70,000 45,000
Administrative expenses86,000 98,000
Complete the CVP income statement for the quarter ended March 31, 2010:
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Bruno Manufacturing Inc. _Correct Answers w/ Solutions! Use it as a GUIDE !
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- financial_statement-cvp-bruno.docx