Wildhorse inc. had sales of $2,210,000 for the first quarter of 2022 (it sold 221,000 units). in making the sales, the company incurred the following costs and expenses.
variable fixed
cost of goods sold $728,300 $457,000
selling expenses 90,000 47,000
administrative expenses 132,000 132,000
Prepare a CVP income statement for the quarter ended March .2022