How do you determine the cogs? What the difference ?

%) S6-16 (similar to) zalea Manufacturing manufactures a single product. Cost, sales, and production information for the company and its single product is as follows 1 (Click the icon to view the data.) Read the requirements Less: Fixed expenses More leto Fixed operating expenses Fixed manufacturing overhead 52.000 190,000 5 22,000 Operaling inoome Requirement 2. Prepare an income slatement for the upooming year using abeorption cos Sales price per unit $42 Variable manfacturing costs per unit manufactured (DM, OL and variable MOH) $22 Variable operating expenses per unit sold $4 Fixed manufacturing overhead (MOH) in total for the year $100,000 Azalea Manufacturing income Statement (Absorption Costing) For the Year Ended December 31 Fixed operating expenses in total for the year $52,000 Units manfactured uring the year 19,000unt Units sold during the year 16,500 units ales revenue Lass. Cost of goods sold Gross proft Less Operaing expenses Operating income 603,000 Print Done 30000 118.000