Blossom Manufacturing produces basketballs used for indoor and outdoor games. The company has had significant troubles over the past few years, as the number of competitors in the basketball market has increased dramatically. Recently, the company was forced to cut back production in order to reduce its rising inventory level. The following is a list of costs for the company in 2022: Variable costs per unit Rubber $2.70 Other materials-indirect 1.40 Ball makers-direct labour 5.60 Factory electricity usage 0.50 Factory water usage 0.20 Other labour-indirect 0.27 Selling and administrative expenses 0.40 Fixed costs per year Factory property taxes $140,509 Factory sewer usage 58,500 Factory electricity usage 46,800 Selling and administrative expenses 97,110 Blossom Manufacturing had an ending inventory of 99,450 basketballs in 2021. For these units, the fixed manufacturing overhead cost was $4.00 per unit and variable manufacturing costs were $9.60 per unit. In 2022, the company produced 40,900 basketballs, sold 84,800 basketballs, and had an ending inventory of 55,550 basketballs. The basketballs sold for $19.00 each. Blossom uses the FIFO method. Prepare an absorption-costing income statement for 2022. BLOSSOMMANUFACTURING Absorption-Costing Income Statement V Sales in units December 31, 2022 For the Month Ended December 31, 2022 For the Year Ended December 31, 2022 $ $ $ $ > > > > Prepare a throughput-costing income statement for 2022. Assume that increased costs in 2022 are related to variable costs other than materials. (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to O decimal places, e.g. 125.) BLOSSOMMANUFACTURING Throughput Costing-Income Statement Sales in units $ $ $ Calculate Blossom' manufacturing cost per unit under absorption costing. (Round per unit calculations and final answer to 2 decimal places, e.g. 15.25.) 2021 2022 Manufacturing cost $ per unit $ per unit Blossom' chief financial officer, Mr. Kenneth, is contemplating the benefits of using the absorption-costing and variable-costing approaches. He has asked you to perform a variety of tasks to help him analyze the differences between the two approaches: 1. Reconcile the differences between the income values of the two approaches. Reconciliation of net income Variable-costing net income $ FMOH deferred in ending inventory FMOH released from beginning inventory Absorption-costing net income $ 2. Mr. Kenneth has heard that some basic managerial tasks can be better performed when variable costing is used. Calculate the break-even point in units for the company in 2022 using the variable-costing data. (Round answer to 0 decimal places, e.g. 5,275.) Break-even point units