Wingfoot Co. began operations on July 1, 2015. By the end of its first fiscal year, ended June 30, 2016, Wingfoot had sold 10,000 wingers. Selected data on operations for the year ended June 30, 2016, follow. (Any balance sheet figures are as at June 30, 2016.)

Additional information:
1. Each winger requires 2 kg of direct materials, 0.5 machine hours, and one direct labour hour.
2. Except for machinery depreciation of $5,000 and a $1,000 miscellaneous fixed cost, all manufacturing overhead is variable.
3. Except for $4,000 in advertising expenses, all selling and administrative expenses are variable.
4. The tax rate is 40%.
Instructions
Assume that the company uses variable costing and prepare a contribution-method income statement in good form for the year ended June 30, 2016.

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Selling price Wingers produced Ending work in process Total manufacturing overhead Wage rate Machine hours used Wages payable Direct materials costs Selling and administrative expenses $100 18,000 0 $15,000 $8 per hour 9,000 $20,000 $10 per kilogram $40,000