Teal Mountain Corporation had sales of $3,000,000 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. Cost of goods sold Selling expenses Administrative expenses Variable $838,000 121,000 241,000 Fixed $750,000 64,000 75,000

Prepare a CVP income statement. (Round per unit answers to 2 decimal places, eg. 15.25.) Sales Cost of Goods Sold Administrative Expenses: Total Variable Costs Contribution Margin Fixed Costs Gross Profit Selling Expenses Total Fixed Costs. 5. Not Income/(toss) Variable Costs pur ago. Teal Mountain Corporation had sales of $3,000,000 for the year ended December 31,2022 The unit selling price was $12. In making the sates, the company incurred the following costs and expenses. Prepare a GAAP income statement. Variable Costs Variable Costs $ Fixed Costs Operating Expenses Total Operating Expenses $