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Oriole provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.
-Depreciation (straight-line) $1,500 per month
-Advertising $100 per month
-Insurance $4,035 per month
-Weed and feed materials $3 per lawn
-Fuel $1 per lawn
Oriole charges $70 per treatment for the average single-family lawn. For the month ended July 31, 2022, the company had total sales of $9,100.
Please prepare a CVP income statement for the month ending July 31, 2022.
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