Connor Company had the following costs for the year: Fixed costs: Manufacturing Marketing Administrative Variable costs:...

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Connor Company had the following costs for the year: Fixed costs: Manufacturing Marketing Administrative Variable costs: Manufacturing Marketing Administrative $130,000 35,000 15,000 $120,000 50,000 45,000 During the year, the company produced 30,000 units and sold 25,000 units of product at a selling price of $19.00 per unit. There was no beginning inventory of product at the beginning of the year. Assume that selling and admin variable costs are a function of units sold, not produced. Using a Contribution Approach Income Statement, prepare an income statement for the year in good form. Connor Company had the following costs for the year: Fixed costs: Manufacturing Marketing Administrative Variable costs: Manufacturing Marketing Administrative $130,000 35,000 15,000 $120,000 50,000 45,000 During the year, the company produced 30,000 units and sold 25,000 units of product at a selling price of $19.00 per unit. There was no beginning inventory of product at the beginning of the year. Assume that selling and admin variable costs are a function of units sold, not produced. Using a Contribution Approach Income Statement, prepare an income statement for the year in good form.