Need help please

Gilmore Corp started in business on 1/1/2014. The company produces golf clubs which it expects to sell for $80 per unit. The accountant has produced the following forecast income statement for 2014 using absorption costin Gilmore Corp: Absorption costing income statement for 2014 Sales revenue (5,000 clubs $80 per unit Variable cost of goods sold direct materials & labor (5,000 clubs $26 per unit Fixed cost of goods sold* Gross profit Variable sales commissions ($12 for each club sold Administrative salaries Fixed advertisin Shipping and handling expense (5,000 clubs S2 per unit Net income 400,000 (130,000) 250,000 60,000 70,000 30,000 nses * The fixed cost of goods sold is an allocation for the company's fixed manufacturing overheads The total fixed manufacturing overhead for 2014 is estimated at $20,000 and is allocated to products using the total units produced. The company expects to produce and sell 5,000 clubs during 2014