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221,000 48,000 $ 14,500 Fixed manufacturing overhead More Info Fixed operating expenses Operating income Sales price per unit S57 Variable manufacturing costs per unit manufactured

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221,000 48,000 $ 14,500 Fixed manufacturing overhead More Info Fixed operating expenses Operating income Sales price per unit S57 Variable manufacturing costs per unit manufactured (DM, DL and variable MOH) $35 Variable operating expenses per unit sold $1 . Requirement 2. Prepare an income statement for the upcoming year using absorption costing Adeline Manufacturing ncome Statement (Absorption Costing) For the Year Ended December 31 .Fixed manufacturing overhead (MOH) in total for the year $221,000 Fixed operating expenses in total for the year $48,000 Sales revenue Less Cost of goods sold Gross profit Less: Operating expenses Operating income S 769,500 Units manufactured during the year 17,000 units Units sold during the year 13,500 units Print Done

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