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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 $40 per

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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 $40 per shade Fixed manufacturing costs $113,300 Variable selling and administrative expenses $9 per shade Fixed selling and administrative expenses $251,000 Selling price $91 per shade Units produced 10,300 shades Units sold 8,560 shades Prepare an income statement using absorption costing. ASIAN WINDOWS Income Statement For the Year Ended December 31, 2016 Absorption Costing Prepare an income statement using variable costing. ASIAN WINDOWS Income Statement For the Year Ended December 31, 2016 Variable Costing $

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