Question 36 Basic Electric Motors is a division of Basic Electric Products Corporation. The division manufactures and sells an electric switch used in a wide variety of applications. During the coming year, it expects to sell 190,000 units for $7 per unit. Ester Madden is the division manager. She is considering producing either 190,000 or 240,000 units during the period. Other information is as follows: Division Information for 2020 0 Beginning inventory Expected sales in units Selling price per unit Variable manufacturing cost per unit Fixed manufacturing cost (total) Fixed manufacturing overhead costs per unit 190,000 $2.00 $456,000 Based on 190,000 units Based on 240,000 units Manufacturing cost per unit Based on 190,000 units Based on 240,000 units $2.40 per unit ($456,000 - 190,000) $1.90 per unit ($456,000 240,000) $4.40 per unit (S2.00 variable + $2.40 fixed) $3.90 per unit ($2.00 variable $1.90 fixed) $0.35 per unit Variable selling and administrative expenses Fixed selling and administrative expenses (total) $11,600 Prepare an absorption-costing income statement, with one column showing the results if 190,000 units are produced and one column showing the results if 240,000 units are produced