Variable-Costing Income Statement During the most recent year, Osterman Company had the following data: Units in beginning inventory 10,000 Units produced Units sold ($47 per unit) 9,300 Variable costs per unit: Direct materials $9 Direct labor $6 Variable overhead $4 Fixed costs: Fixed overhead per unit produced $5 Fixed selling and administrative $138,000 Required: 1. Calculate the cost of goods sold under variable costing. 2. Prepare an income statement using variable costing. Enter amounts as positive numbers. Osterman Company Income Statement under Variable Costing For the Most Recent Year Fixed costs: Fixed overhead per unit produced Sales Less: Variable expenses Less: Cost of goods sold Contribution margin er variable Gross margin Less fixed expenses: Fixed overhead variable co Fixed selling and administrative expenses Operating income Costing $ 001 re