Blossom Batteries is a division of Enterprise Corporation. The division manufactures and sells a long-life battery used in a wide variety of applications. During the coming year, it expects to sell 43,200 units for $30 per unit. Nyota Uthura is the division manager. She is considering producing either 43,200 or 54,000 units during the period. Other information is presented in the schedule.

Division Information for 2022
Beginning inventory		0
Expected sales in units		43,200
Selling price per unit		$30
Variable manufacturing costs per unit		$12
Fixed manufacturing overhead costs (total)		$432,000
Fixed manufacturing overhead costs per unit:
Based on 43,200 units		$10	per unit ($432,000 43,200)
Based on 54,000 units		$8	per unit ($432,000 54,000)
Total manufacturing costs per unit:
Based on 43,200 units		$22	per unit ($12 variable + $10 fixed)
Based on 54,000 units		$20	per unit ($12 variable + $8 fixed)
Variable selling and administrative expenses per unit		$2
Fixed selling and administrative expenses (total)		$40,000

Prepare a variable costing income statement, with one column showing the results if 43,200 units are produced and one column showing the results if 54,000 units are produced.

BLOSSOM BATTERIES DIVISION Income Statement choose the accounting period For the Quarter Ended December 31, 2022For the Year Ended December 31, 2022December 31, 2022 Variable Costing
		43,200 Produced		54,000 Produced
select an income statement item Inventory, December 31Variable Costs of Goods ManufacturedFixed Selling and Administrative ExpensesNet Income/(Loss)Costs of Goods Available for SaleCost of Goods SoldVariable Costs of Goods Available for SaleInventory, January 1Variable Cost of Goods SoldContribution MarginVariable Selling and Administrative ExpensesFixed Manufacturing OverheadSalesCosts of Goods ManufacturedGross Profit		$enter a dollar amount		$enter a dollar amount
select an income statement item Variable Costs of Goods Available for SaleCosts of Goods Available for SaleSalesFixed Selling and Administrative ExpensesVariable Selling and Administrative ExpensesCosts of Goods ManufacturedFixed Manufacturing OverheadNet Income/(Loss)Inventory, December 31Inventory, January 1Gross ProfitVariable Cost of Goods SoldCost of Goods SoldVariable Costs of Goods ManufacturedContribution Margin		enter a dollar amount		enter a dollar amount
select an income statement item Cost of Goods SoldVariable Costs of Goods ManufacturedCosts of Goods Available for SaleNet Income/(Loss)Contribution MarginVariable Cost of Goods SoldVariable Selling and Administrative ExpensesFixed Manufacturing OverheadFixed Selling and Administrative ExpensesInventory, January 1Gross ProfitCosts of Goods ManufacturedVariable Costs of Goods Available for SaleSalesInventory, December 31		enter a dollar amount		enter a dollar amount
select a summarizing line for the first part Cost of Goods SoldNet Income/(Loss)Costs of Goods ManufacturedVariable Cost of Goods SoldContribution MarginVariable Selling and Administrative ExpensesVariable Costs of Goods Available for SaleFixed Manufacturing OverheadVariable Costs of Goods ManufacturedGross ProfitCosts of Goods Available for SaleFixed Selling and Administrative ExpensesSalesInventory, December 31Inventory, January 1		enter a total amount for the first part		enter a total amount for the first part
select an income statement item Contribution MarginFixed Manufacturing OverheadInventory, December 31Costs of Goods ManufacturedVariable Costs of Goods ManufacturedCosts of Goods Available for SaleCost of Goods SoldFixed Selling and Administrative ExpensesInventory, January 1Variable Selling and Administrative ExpensesNet Income/(Loss)Variable Costs of Goods Available for SaleVariable Cost of Goods SoldGross ProfitSales		enter a dollar amount		enter a dollar amount
select an income statement item Variable Cost of Goods SoldFixed Manufacturing OverheadCost of Goods SoldNet Income/(Loss)SalesGross ProfitCosts of Goods ManufacturedInventory, January 1Inventory, December 31Variable Selling and Administrative ExpensesCosts of Goods Available for SaleVariable Costs of Goods ManufacturedContribution MarginFixed Selling and Administrative ExpensesVariable Costs of Goods Available for Sale		enter a dollar amount		enter a dollar amount
select a closing name for this statement Gross ProfitContribution MarginCosts of Goods Available for SaleInventory, December 31Variable Costs of Goods Available for SaleVariable Cost of Goods SoldNet Income/(Loss)Cost of Goods SoldVariable Costs of Goods ManufacturedSalesCosts of Goods ManufacturedInventory, January 1Variable Selling and Administrative ExpensesFixed Manufacturing OverheadFixed Selling and Administrative Expenses		$enter a total net income or loss amount		$enter a total net income or loss amount