E21-16 (similar to) Is Question Help RefreshAde produced 12,000 cases of powdered drink mix and sold 9,000 cases in April 2018. The sales price was $30, variable costs were $11 per case ($8 manufacturing and $3 selling and administrative), and total fixed costs were $90,000 ($72,000 manufacturing overhead and $18,000 selling and administrative). The company had no beginning Finished Goods Inventory. Read the requirements. Requirement 1. Prepare the April income statement using variable costing. RefreshAde Income Statement (Variable Costing) Month Ended April 30, 2018 Requirements 1. Prepare the April income statement using variable costing. 2. Determine the product cost per unit and the total cost of the 3,000 cases in Finished Goods Inventory as of April 30. Print Done Contribution Margin Cost of Goods Sold: Fixed Costs: Fixed Manufacturing Costs Fixed Selling and Administrative Costs Gross Profit Net Sales Revenue Selling and Administrative Costs: Variable Costs: Variable Manufacturing Overhead Variable Selling and Administrative Costs Choose from any list or enter any number in the input fields and then click Check