1 Data table Variable costs per jet bridge: $ 5,500 $ 2,900 Materials Labor Manufacturing Overhead Selling $ 5,800 $ 800 General and administrative $ 1,000 Fixed costs for the first 3 quarters of 2020: Manufacturing Overhead Selling $ 924,600 allocated based on budgeted production $ 450,000 General and administrative $ 735,000 Print Done Data table 1st Quarter 2nd Quarter 3rd Quarter 65 69 67 65 69 67 62 62 58 Budgeted production Actual production Sales Sales price: $34,000 per jet bridge Fixed selling costs by quarter Fixed G&A costs by quarter 160,000 160,000 130,000 200,000 335,000 200,000 Print Done Virgil produces jet bridges for many domestic and international airports. Cost information for Virgil's jet bridges is as follows: E: (Click the icon to view the cost information.) Additional information for the first three quarters of 2020 for Virgil are shown below: Click the icon to view the additional information for the first three quarters.) Virgil's controller, Nate, wishes to analyze the difference in the income statements between throughput costing, absorption costing, and variable costing for the first 3 quarters of 2020. Assume no beginning inventory. Read the requirements. Requirement 3. Prepare a throughput costing income statement. (Complete all input fields. Enter a 0 for any zero balance accounts. Use a minus sign or parentheses for a net loss.) Quarter 1 Quarter 2 Quarter 3 2,108,000 2,108,000 1,972,000 Throughput Costing: Revenues Direct materials cost of goods sold: Beginning inventory Direct materials 0 16500 55000 357500 379500 368500 375700 396000 423500 Cost of goods available for sale Deduct ending inventory 16500 55000 104500 359200 341000 319000 Direct materials cost of goods sold Throughput margin Manufacturing costs (other than DM) 17488001 1767000 1653000 SETTI Total SG&A costs Net income (loss)