Sheffield Motors is a division of Sheffield 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. Lisa Anderson is the division manager. She is considering producing either 200.000 or 280,000 units during the period. Other information is as follows: Division Information for 2022 Beginning inventory Expected sales in units 200,000 Selling price per unit $8.00 Variable manufacturing cost per unit $ 280 Fixed manufacturing cost (total) $ 560,000 Fixed manufacturing overhead costs per unit Based on 200,000 units $ 280 per unit ($ 560,000 + 200,000) Based on 280,000 units $ 2.00 per unit ($ 560,000+ 280,000) Manufacturing cost per unit Based on 200,000 units $ 5.60 per unit ($ 2.80 variable + $ 2.80 fixed) Based on 280,000 units $ 4.80 per unit ($ 2.80 variable + $ 2.00 fixed) Variable selling and administrative expenses $0.50 per unit Fixed selling and administrative expenses (total) $ 11.100 SHEFFIELDMOTORS DIVISION Income Statement For the Year Ended 2022 Absorption Costing 200.000 200.000 Units produced Units