Question: Variable costs per unit: Manufacturing: Direct materials $22 Direct labor $7 Variable manufacturing overhead $4 Variable selling and administrative $5 Fixed costs per year: Fixed

Variable costs per unit:
Manufacturing:
Direct materials $22
Direct labor $7
Variable manufacturing overhead $4
Variable selling and administrative $5
Fixed costs per year:
Fixed manufacturing overhead $166,400
Fixed selling and administrative $40,000


During the year, the company produced 20,800 units and sold 15,600 units. The selling price of the company's product is $63 per unit.

Prepare an income statement for the year. (Input all amounts as positive values. Omit the "$" sign in your response.)


$
Variable expenses:
$

Fixed expenses:

$


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