PREPARE A VIABLE INCOME STATEMENT

Hall Cosmetics Corporation has the following costs associated with its production and sales. \begin{tabular}{l|lr} \hline Beginning Inventory & & n/a \\ \hline Units Produced & & 75,200 \\ \hline Units Sold & & 58,900 \\ \hline Selling Price per Unit & $ & 19.00 \\ \hline Variable Selling Expense & $ & 1.35 \\ \hline Fixed Selling Expense & $ & 92,500 \\ \hline \end{tabular} \begin{tabular}{l|lr} \hline Direct Material Cost & $ & 5.25 \\ \hline Direct Labor Cost & $ & 4.75 \\ \hline Variable Mfg Overhead & $ & 2.50 \\ \hline Fixed Mfg Overhead & $ & 94,000 \end{tabular}