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During 2022, Metlock Corp. produced 39,100 units and sold 39,100 for $15 per unit Variable manufacturing costs were $7 per unit Annual fixed manufacturing overhead

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During 2022, Metlock Corp. produced 39,100 units and sold 39,100 for $15 per unit Variable manufacturing costs were $7 per unit Annual fixed manufacturing overhead was $117.300 ($3 per unit). Variable selling and administrative costs were $2 per unit sold and fixed selling and administrative expenses were $19,200. Prepare a variable-costing income statement. MetlockCorp. Income Statement-Variable Costing Sales 586500 Variable costs Less V Variable costs $ Fixed manufacturing overhead Fixed selling and administrative expenses Total variable costs Variable selling and administrative expenses Fixed costs Operating income Sales Variable costs Total fixed costs Variable cost of goods sold Contribution margin

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