Question 3 Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2020 are as follows: Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Selling price Units produced $41 per shade $114,400 $9 per shade $250,100 $93 per shade 10,400 shades 8,370 shades Units sold (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