answer Question e

Show Attempt History Current Attempt in Progress Crane Equipment Company manufactures and distributes industrial air compressors. The following data are available for the year ended December 31, 2022. The company had no beginning inventory. In 2022. It produced 1.420 units but sold only 1.160 units The unit selling price was 54.510. Costs and expenses were as follows: 5780 1.390 220 Variable costs per unit Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative expenses Annual fixed costs and expenses Fixed manufacturing overhead Selling and administrative expenses 65 $ 1.194 100 100,400 a Prepare a 2022 income statement for Crane Company using throughout costing CRANE EQUIPMENT COMPANY Income Statement For the Year Ended December 31, 2012: Throughput Costing Sales Less Couto posso 0 1 3200 Throughout contribution mural we: Operating expenses Director 1075000 Variable madacturing overhead 313001 Variable selling and deve: 75000 i Fidantturing overhead 1100 Fived selling and administrative experties Si Total operating expenses 2010 $ 670700 Operating income before tax eTextbook and Media Assistance Used Attempts: 2 of 3 used (e) Reconcle the difference between variable-costine and throughput-costing net income. Variable costing net income Conversion costs deferred in ending inventory Throughout costing net income e Textbook and Media Save for later Attempts: 0 of 3 used Submit Antwer