_l N W b U1 0' q CO ED 10 11 A B c l o l E F G Last month Kumar Production Company sold its product for $50 per unit. Fixed production costs were $44,000. and variable production costs amounted to $25 per unit. Fixed selling and administrative costs totaled $30,000, and variable selling and administrative costs amounted to $10 per unit. Kumar Production produced and sold 9,000 units last month. 1. Prepare a traditional income statement for Kumar's activities last month, including Gross Margin and Operating Prot