During 2030, Basler Manufacturing produced 60,000 units and sold 55,000 for $10 per unit. Variable manufacturing costs were $5 per unit. Annual fixed manufacturing overhead was $120,000 ($2 per unit). Variable selling and administrative costs were $1 per unit sold, and fixed selling and administrative costs were $30,000. Prepare an absorption costing income statement. Round answers to 2 decimal places, e.g. 12.25. When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. Absorption Costing Income Statement Sales Cost of Goods Sold Gross Profit/Margin Balser Manufacturing Income Statement (Absorption Costing) Variable Selling and Administrative Expenses Fixed Selling and Administrative Expenses Net Income / (Loss)

During 2030, Basler Manufacturing produced 60,000 units and sold 55,000 for $10 per unit. Variable manufacturing costs were $5 per unit. Annual fixed manufacturing overhead was $120,000 ( $2 per unit). Variable selling and administrative costs were $1 per unit sold, and fixed selling and administrative costs were $30,000. Prepare an absorption costing income statement. - Round answers to 2 decimal places, e.g. 12.25. - When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign