Coronado Motors is a division of Coronado Products Corporation. The division manufactures and sells an electric switch used in a wide variety of applications. During the coming year, it expects to sell 210,000 units for $8.00 per unit. Jennifer Davis is the division manager. She is considering producing either 210,000 or 240,000 units during the period. Other information is as follows: Division Information for 2022 Beginning inventory Expected sales in units Selling price per unit Variable manufacturing cost per unit Fixed manufacturing cost (total) Fixed manufacturing overhead costs per unit Based on 210,000 units Based on 240,000 units 0 210,000 $8.00 $2.30 $504,000 $2.40 per unit ($504,000 210,000) $2.10 per unit ($504,000 240,000) Manufacturing cost per unit Based on 210,000 units Based on 240,000 units Variable selling and administrative expenses Fixed selling and administrative expenses (total) $4.70 per unit ($2.30 variable + $2.40 fixed) $4.40 per unit ($2.30 variable + $2.10 fixed) $0.30 per unit $11,100 Units produced Units sold Sales Less Variable costs Variable cost of goods sold Variable selling and administrative expenses Contribution margin Less : Fixed costs Fixed manufacturing overhead Fixed selling and administrative expenses Net income CORONADOMOTORS DIVISION Income Statement For the Year Ended 2022 Variable Costing 240,000 210000 210,000 210000 +A $ 1680000 $ 1680000 522000 480000 72000 63000 i 450000 504000 11100 420000 504000 11100 $ 570900 $ 618900