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I need help with part B please Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2020 are

I need help with part B please

Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2020 are as follows:

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Variable manufacturing costs $40 per shade Fixed manufacturing costs $107,000 Variable selling and administrative expenses $9 per shade Fixed selling and administrative expenses $250,400 Selling price $90 per shade Units produced 10,700 shades Units sold 8,610 shades V (a) Your answer is correct. Prepare an income statement using absorption costing. ASIAN WINDOWS Income Statement For the Year Ended December 31, 2020 Absorption Costing ll 4 Sales 774900 $ Less : Cost of goods sold 430500 344400 I I! Gross profit Less , Selling and administrative expenses: | '> 77490 $- V Fixed 250400 V 327890 ' Net income $ 15510 K I! Variable 4} 4} (b) Prepare an income statement using variable costing. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) ASIAN WINDOWS Income Statement Variable Costing $ $ LINK TO TEXT

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