1) prepare an income statement using absorption costing 2) prepare and income statement using variable costing

Annual fixed costs and expenses Manufacturing overhead Selling and administrative expenses $1,200,000 100,000 a) Calculate the manufacturing cost of one unit of product using variable costing. ) Prepare a 2016 income statement for Wu Company using variable costing- ) Calculate the manufacturing cost of one unit of product using throughput costing ) Prepare a 2016 income statement for Wu Company using throughput costing. Reconcile the difference between variable-costing and throughput-costing net income 17 Asian Windows manufactures a hand-painted bamboo window shade for standard-size win s data for 2016 are as follows: dows. Produs $40 per shade Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Selling price Units produced Units sold $100,000 $9 per shade $250,000 $90 per shade 10,000 shades 9 8,500 shades