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Kingbird Corporation had sales of $3,360,000 for the year ended December 31, 2022. The unit selling price was $12. In making the sales, the company

Kingbird Corporation had sales of $3,360,000 for the year ended December 31, 2022. The unit selling price was $12. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $810,000 $780,000 Selling expenses 112,000 52,000 Administrative expenses 254,000 74,000 Prepare a GAAP income statement. KINGBIRD CORPORATION GAAP Income Statement Prepare a CVP income statement. (Round per unit answers to 2 decimal places, e.g. 15.25.) KINGBIRD CORPORATION CVP Income Statement Total Per Unit

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