3 of 3 View Policies < Current Attempt in Progress .../ 5 = Wu Equipment Company manufactures and distributes industrial air compressors. The following data are available for the year ended December 31, 2020. The company had no beginning inventory. In 2020, it produced 1,400 units but sold only 1,180 units. The unit selling price was $4,440. Costs and expenses were as follows: Variable costs per unit Direct materials Direct labour Variable manufacturing overhead $790 1,320 240 Variable selling and administrative expenses 65 Annual fixed costs and expenses Fixed manufacturing overhead $1,194,200 102,100 Selling and administrative expenses (a) a O B (d) Prepare a 2020 income statement for Wu Company using throughput costing. WU EQUIPMENT COMPANY Income Statement For the Year Ended December 31, 2020 Throughput Costing Sales Less Cost of goods sold Throughput contribution margin Less Operating expenses Direct labour costs 9 Attem Question 3 of 3 < Fixed manufacturing overhead Fixed selling and administrative expenses Total operating expenses Net income eTextbook and Media Save for Later Last saved 18 minutes ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. $ /5 Attempts: 0 of 1 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above. (e) a