Problem 3 (10) Grey Company's sales are $600,000, its fixed expenses are $150,000, and its variable expenses are 60% of sales. Grey sold 10,000 units. Based on this information, prepare a CM income statement, Show computations. Please note: For the income statement above, you must show number of units X $ per unit where appropriate.

Grey Company's sales are $600,000, its fixed expenses are $150,000, and its variable expenses are 60% of sales. Grey sold 10,000 units. Based on this information, prepare a CM income statement, Show computations. Please note: For the income statement above, you must show number of units X S per unit where appropriate