The x's indicate wrong answers. I have tried the variable overhead as 4,200,000 and it says that is the wrong answer.

Narva ale OH is not Sims Company, a manufacturer of tablet computers, began operations on January 1, 2015. lts cost and sales information for this year follows. Manufacturing costs 40 per unit Direct materials Direct labor 60 per unit Overhead costs for the year Variable overhead 4.200 ixed overhead Selling and administrative costs for the year 775.000 Variable 4,250,000 Production and sales for the year Units produced 105,000 units Units sold 75,000 units Sales price per unit 360 per unit 1. Prepare an income statement for the year using variable costing. Answer is complete but not entirely correct SIMS COMPANY Variable Costing Income Statement 27.000.000 Sales Less Variable costs Direct materials 3,000,000V 4,500,000V Direct labor Variable overhead Variable selling and administrative expenses 775,000 8,275,001 Total variable costs 1X Contribution margin Less: Fixed expenses 4250.000 Fixed selling and administrative costs 6,300,000V ixed overhead 10,550,000 Total fixed expenses Net income (loss) 1X