Question: A high rating will be given if this can be answered in the next hour or less. 4. (9 Points) The following information is available

 A high rating will be given if this can be answered

A high rating will be given if this can be answered in the next hour or less.

4. (9 Points) The following information is available for Sunglasses, Inc., which makes one model of sunglasses: Units in Beginning Inventory 120,000 Units in Ending Inventory 135,000 Units Produced, budgeted and actual 142,000 Variable Manufacturing overhead costs, $1,420,000 budgeted and actual Fixed Manufacturing overhead costs, $2,500,000 budgeted and actual Fixed Selling and administrative costs $ 375,000 Variable costs per unit: Direct Materials $26 Direct Labor $19 Selling & Administrative $3 Sales price for each $125 Prepare a Variable Costing Income Statement in proper format

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