Prepare an opetating income statement for the year using variable costing

Problem 8-35 Variable-Costing and Absorption-Costing Income Statements ( LO 8-2, 8-3, 8-4, 8-6) Great Outdoze Company manufactures sleeping bags, which sell for $66.80 each. The variable costs of production are as follows: Budgeted fixed overhead in 201 was $190,000 and budgeted production was 25,000 sleeping bags. The year's actual production was 25,000 units, of which 21,600 were sold. Variable selling and administrative costs were $1.40 per unit sold; fixed selling and administrative costs were $21,000. Complete this question by entering your answers in the tabs below. Prepare an operating income statement for the year using variable costing. (Do not round intermediate calculations.)