Read-Only. Return to the assignment to answer this question. RETURN TO ASSIGNMENT LAB & CHAPTER 8 Question 3 Splish Motors is a division of Splish Products Corporation. The division manufactures and sells an electric switch used in a wide variety of applications. During the coming year, it expects to sell 200.000 units for $8.00 per unit. Carol Garcia is the division manager. She is considering producing either 200,000 or 290,000 units during the period. Other information is as follows: Division Information for 2022 Beginning inventory Expected sales in units Selling price per unit Variable manufacturing cost per unit Fixed manufacturing cost (total) Fixed manufacturing overhead costs per unit Based on 200,000 units 0 200,000 $8.00 $2.50 $580,000 Based on 290,000 units Manufacturing cost per unit Based on 200,000 units Based on 290,000 units $2.90 per unit ($580,000 200,000) $2.00 per unit ($580,000 290,000) $5.40 per unit ($2.50 variable +$2.90 fixed) $4.50 per unit ($2.50 variable +$2.00 fixed) $0.35 per unit Variable selling and administrative expenses Fixed selling and administrative expenses (total) $10,900 (a) Prepare an absorption-costing income statement, with one column showing the results if 200,000 units are produced and one column showing the results if 290,000 units are produced. Units produced SPLISHMOTORS DIVISION Income Statement For the Year Ended 2022 Absorption Costing 290,000 200,000 Units sold $ $ $ $ (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Read-Only. Return to the assignment to answer this question. RETURN TO ASSIGNMENT LAB & CHAPTER 8 Question 3 Splish Motors is a division of Splish Products Corporation. The division manufactures and sells an electric switch used in a wide variety of applications. During the coming year, it expects to sell 200.000 units for $8.00 per unit. Carol Garcia is the division manager. She is considering producing either 200,000 or 290,000 units during the period. Other information is as follows: Division Information for 2022 Beginning inventory Expected sales in units Selling price per unit Variable manufacturing cost per unit Fixed manufacturing cost (total) Fixed manufacturing overhead costs per unit Based on 200,000 units 0 200,000 $8.00 $2.50 $580,000 Based on 290,000 units Manufacturing cost per unit Based on 200,000 units Based on 290,000 units $2.90 per unit ($580,000 200,000) $2.00 per unit ($580,000 290,000) $5.40 per unit ($2.50 variable +$2.90 fixed) $4.50 per unit ($2.50 variable +$2.00 fixed) $0.35 per unit Variable selling and administrative expenses Fixed selling and administrative expenses (total) $10,900 (a) Prepare an absorption-costing income statement, with one column showing the results if 200,000 units are produced and one column showing the results if 290,000 units are produced. Units produced SPLISHMOTORS DIVISION Income Statement For the Year Ended 2022 Absorption Costing 290,000 200,000 Units sold $ $ $ $ (b) The parts of this question must be completed in order. This part will be available when you complete the part above.