PLEASE HELP ME ANSWER THE PARTS WHERE THERE IS A QUESTION MARK!!!!

Variable and Absorption Costing

Summarized data for 2016 (the first year for operations) Gorman Products, Inc., are as follows:

Sales (75,000 Units)	$4,500,000
Production Costs ($80,000 Units)
Direct Material	1,320,000
Direct Labor	1,080,000
Manufacturing overhead:
Variable	816,000
Fixed	480,000
Operating Expenses
Variable	252,000
Fixed	360,000
Depreciation on Equipment	90,000
Real Estate Taxes	27,000
Personal Property Taxes (Inventory & Equipment)	43,200
Personnel Department Expenses	45,000

A. Prepare an income statement based on full absorption costing.

Only use a negative sign with your answer for net income (loss), if the answer represents a net loss. Otherwise, do not use negative signs with any answers. Round answers to the nearest whole number when applicable.

Absorption Costing income Statement

Sales		$4,500,000
Cost of goods sold
Beginning inventory	0
Direct materials	1,320,000
Direct Labor	1,080,000
Manufacturing Overhead	1,296,000
Less: Ending Inventory	?
Costs of Good sold		?
Gross Profit		?
Operating expenses		?
Net Income (Loss)		$ ?

B. Prepare an income statement based on variable costing.

Only use a negative sign with your answer for net income (loss), if the answer represents a net loss. Otherwise, do not use negative signs with any answers. Round answers to the nearest whole number, when applicable.

Variable Costing Income Statement

Sales		$4,500,00
Variable cost of goods sold:
Beginning Inventory	$0
Direct Materials	1,320,000
Direct Labor	1,080,000
Variable Manufacturing Overhead:	?
Less: Ending Inventory	?
Variable cost of goods sold		?
Variable operating expenses		?
Contribution margin		?
Fixed costs
Manufacturing Overhead:	?
Operating Expenses	?
Total Fixed Cost		?
Net Income (Loss)		$ ?

C. Assume that you must decide quickly whether to accept a special one-time order for 1,000 units for $45 per unit.

Which income statement presents the most relevant data? A: Variable Costing

Determine the apparent profit or loss on the special order based solely on these data.

Use a negative sign with your answers if the special order creates and apparent loss. Round answer to the nearest whole number.

$ ?