a Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2020 are as follows: Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Selling price Units produced $40 per shade $103,000 $9 per shade $250,000 $90 per shade 10,300 shades Units sold 8,500 shades ASIAN WINDOWS Income Statement For the Year Ended December 31, 2020 Absorption Costing Sales 765.000 Less :: Cost of goods cold 425.000 1 Gross profit 340,000 Less Selling and administrative expenses Variable 78.500 1 Fored 250,000 326,500 Net income $ 18.500 Prepare an income statement using variable costing (Enter loss using either a negative sign preceding the number e.g. -2.945 or parentheses e... (2,945).) ASIAN WINDOWS Income Statement Variable Costing