Shawnee Motors Inc. assembles and sells MP3 players. The company began operations on August 1 and operated at 100% of capacity during the first month. The following data summarize the results for August:

Sales (16,000 units)				$1,920,000
Production costs (21,000 units):
Direct materials		$932,400
Direct labor		447,300
Variable factory overhead		224,700
Fixed factory overhead		149,100		1,753,500
Selling and administrative expenses:
Variable selling and administrative expenses		$271,800
Fixed selling and administrative expenses		105,200		377,000

If required, round interim per-unit calculations to the nearest cent.

Prepare an income statement according to the variable costing concept.

Shawnee Motors Inc.
Variable Costing Income Statement
For the Month Ended August 31
Sales		$
Variable cost of goods sold		$
Manufacturing margin		$
Variable selling and administrative expenses		$
Contribution margin		$
Fixed costs:		$
Fixed factory overhead	$
Fixed selling and administrative expenses	fill in the blank c9baf407405d063_14
Total fixed costs		fill in the blank c9baf407405d063_16
Income from operations		$fill in the blank c9baf407405d063_18