Scholars you are to complete an income statement for the following company under the variable, absorption and throughput costing concepts as well as give the value of the ending inventory.
Sanyang International LLC. Has the following information is for the fiscal year ending December 31, 2020
Begin Inventory		0
Units Produced		600,000
Units Sold		554,000		Break down of
Sales Price Per Unit		$55		Variable Manufacturing Cost
Unit Variable Manufacturing Cost		$25		Material		$10
Unit Variable Operating Cost				Direct Labor		$9
Per Unit Sold		$3		Variable OH		$6
Fixed Manufacturing Cost		$350,000		Total		$25
Fixed Operating Cost		$250,000