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I need assistance solving for cost of goods sold Hayek Bikes prepares the income statement under variable costing for its managerial reports, and it prepares

I need assistance solving for cost of goods sold

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Hayek Bikes prepares the income statement under variable costing for its managerial reports, and it prepares the income statement under absorption costing for external reporting. For its first month of operations, 400 bikes were produced and 240 were sold. Income statement information under variable costing follows. Sales (246 * $1, 725) $ 414,000 Variable cost of goods sold 1240 * $675) 162, 000 Variable selling and administrative expenses (240 * $60) 14, 400 Contribution margin 237, 600 Fixed overhead 80, 006 Fixed selling and administrative expenses 95, 000 Income $ 62, 600 Prepare the company's income statement under absorption costing. 414 000 Cost of q 14 000 Gross profit Selling And administrative 1304 6004 Income

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