Question 4 of 6 0.5/1 View Policies Show Attempt History Current Attempt in Progress Pharoah Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2022 are as follows: Variable manufacturing costs $41 per shade Fixed manufacturing costs $117,700 Variable selling and administrative expenses $9 per shade Fixed selling and administrative expenses $251,000 Selling price $93 per shade Units produced 10,700 shades Units sold 8,460 shades (a) (b) Prepare an income statement using variable costing. (Enter loss using either a negative sign preceding the number eg.-2,945 or parentheses e.g. (2,945).) PHAROAHWINDOWS Income Statement Variable Costing Blue Spruce Products manufactures and sells a variety of camping products. Recently the company opened a new factory to manufacture a deluxe portable cooking unit. Cost and sales data for the first month of operation are shown below: Beginning inventory 0 units Units produced 10,000 Units sold 8,800 Manufacturing costs Fixed overhead $100,000 Variable overhead $7 per unit Direct labour $12 per unit Direct material $29 per unit Selling and administrative costs Fixed $206,200 Variable $3 per unit sold The portable cooking unit sells for $111. Management is interested in the opening month's results and has asked for an income statement. Manufacturing cost $ 48 per unit 2. Prepare a variable-costing income statement for the first month of operation. Blue Spruce Products Income Statement-Variable Costing For the first month of operations Sales 976.800 Less : Variable costs Variable cost of goods sold $ -480000 Variable selling and administrative expenses -57600 Total variable costs 448800 Contribution margin 528,000 Less Fixed costs Divodoufacturerbond 1000