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Analyze the following statement by first putting it in CVP format and then flexing it...

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Accounting

Analyze the following statement by first putting it in CVP format and then flexing it to 1200 actual units.
(Note: I really like this Quick Study. This is a great example of the skill I'd like to see you have from this chapter.)
\table[[Sales ,units),,85,000],[Cost of Sales,,,],[,Direct Material,9,000,],[,Direct Labor,28,000,],[,Fixed Overhead,17,500,54,500],[Gross Profit,,,30,500],[Operating Ex,xpenses,,],[,Fixed,16,000,],[,Variable,2,000,18,000],[Net Income,,,12,500]]
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