Appliance Apps Income Statement Sales Variable Cost of Goods Sold Beginning Inventory Variable Cost of Goods Sold Net Income Prepare a reconciliation to the income under the absorption method. Appliance Apps Reconciliation Net Income under Variable Costing Add: Fixed Manufacturing Overhead Deferred . Net Income under Absorption Costing Check My Work (Previc All work saved Email Instructor Save and Submit A P 30 W BO OOO 000 & 4 3 5 6 7 8 9 eBook Printem The following information was collected for the first year of manufacturing for Appliance Apps: Direct Materials per Unit $2.25 Direct Labor per Unit $1.25 Variable Manufacturing Overhead per Unit $0,25 Variable Selling and Administration Expenses $1.50 Units Produced 40,000 Units Sold 35.000 Sales Price $13 $120,000 Fixed Manufacturing Expenses Fixed Selling and Administration Expenses $21,000 Prepare an income statement under variable costing method Appliance Apps Income Statement Sales Variable Cost of Goods Sold Beginning Inventory Variable Cost of Goods Sold Check My Work All work saved Email Instructor C2404 30 . A A P 000 000 $ & 3 4 de LO 5 6 7 8