Only use a negative sign with your answer lul relle (55), le duel ICPCJI ULLIUJU. ULILITIJL, UUM Variable Costing Income Statement $ 8,000,000 07 2.100.000 1.680,000 1,260,000 240.000 Sales Variable cost of Goods Sold: Beginning Inventory Direct materials Direct labor Variable manufacturing Less: Ending Inventory Variable cost of goods sold Variable operating expen: Contribution margin Fixed costs: Manufacturing overhea Operating expenses Total Fixed Cost Net Income (Loss) 4,800,000 560.000 2,640,000 1,050.000 640,000 1.690,000 950,000 c. Assume that you must decide quickly whether to accept a special one-time order for 1,000 units for $56 per unit. Which income statement presents the most relevant data? variable costing Determine the apparent profit or loss on the special order based solely on these data, Use a negative sign with your answer if the special order creates an apparent loss. Round answer to the nearest whole number. $0 $8,000,000 2,100,000 1,680,000 Sales (100,000 units) Production costs (105,000 units) Direct material Direct labor Manufacturing overhead: Variable Fixed Operating expenses: Variable Fixed 1,260,000 1,050,000 560,000 640,000 0 a. Prepare an income statement based on full absorption costing. Only use a negative sign with your answer for net income (loss), if the ansy Absorption Costing income Statement Sales $ 8,000,000 Cost of Goods Sold: Beginning Inventory Direct materials 2.100,000 Direct labor 1,680,000 Manufacturing overhea 2.310,000 Less: Ending Inventory 290,000 Cost of Goods Sold 5.800,000 Gross profit 2,200,000 Operating expenses 1.200,000 Net Income (Loss) $ 1,000,000