On November 30, the end of the first month of operations, Weatherford Company prepared the following income statement, based on the absorption costing concept:

Weatherford Company

Absorption Costing Income Statement

For the Month Ended November 30

1	Sales (28,000 units)		$3,360,000.00
2	Cost of goods sold:
3	Cost of goods manufactured (31,600 units)	$2,844,000.00
4	Inventory, November 30 (3,600 units)	(324,000.00)
5	Total cost of goods sold		2,520,000.00
6	Gross profit		$840,000.00
7	Selling and administrative expenses		160,000.00
8	Income from operations		$680,000.00

If the fixed manufacturing costs were $284,400 and the fixed selling and administrative expenses were $140,000, prepare an income statement according to the variable costing concept. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. A colon (:) will automatically appear if required. Enter all amounts as positive numbers. Round your cost per unit answer to two decimal places and final answers to nearest whole dollar.