Splish Corp. is a manufacturer of specialty in-line skates. The operating results for 2022 are as follows:

Units produced		19,600	pairs
Units sold		17,800	pairs
Selling price		$230.00	per pair

Production information:
Direct materials		$999,600
Direct labour		715,400
Variable manufacturing overhead		450,800
Fixed manufacturing overhead		793,800
Variable marketing costs		178,000
Fixed marketing costs		202,650

There was no beginning finished goods inventory.

Prepare a throughput-costing income statement. (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.)

SPLISHCorp. Income Statement choose the accounting period December 31, 2022Month Ended December 31, 2022Year Ended December 31, 2022 Throughput Costing
	Production in units				enter a number of units
	Sales in units				enter a number of units
	select an income statement item SalesOperating expensesVariable costsDirect material costsVariable marketing costsNet incomeFixed selling and administrative expensesFixed costsTotal operating expensesInventory, beginningThroughput contribution marginCost of goods soldInventory, endingVariable cost of goods soldFixed manufacturing overhead				$enter a dollar amount
	select between addition and deduction AddLess: select an opening section name Cost of goods soldVariable marketing costsInventory, endingThroughput contribution marginVariable costsFixed manufacturing overheadNet incomeFixed costsOperating expensesDirect material costsTotal operating expensesFixed selling and administrative expensesVariable cost of goods soldInventory, beginningSales				enter a dollar amount
	select an income statement item Fixed costsFixed manufacturing overheadSalesVariable costsCost of goods soldInventory, endingTotal operating expensesVariable cost of goods soldThroughput contribution marginFixed selling and administrative expensesNet incomeVariable marketing costsInventory, beginningDirect material costsOperating expenses				enter a dollar amount
	select between addition and deduction AddLess: select an opening name for section one Variable costsTotal operating expensesVariable cost of goods soldNet incomeVariable marketing costsFixed manufacturing overheadFixed costsInventory, beginningOperating expensesDirect material costsCost of goods soldFixed selling and administrative expensesInventory, endingThroughput contribution marginSales
	select an income statement item Variable costsThroughput contribution marginInventory, beginningNet incomeFixed manufacturing overheadFixed costsVariable cost of goods soldFixed costsDirect material costsTotal operating expensesInventory, endingOperating expensesSalesFixed selling and administrative expensesCost of goods soldVariable marketing costs		$enter a subtotal of the two previous amounts
	select an income statement item SalesCost of goods soldFixed selling and administrative expensesInventory, endingFixed costsTotal operating expensesInventory, beginningVariable costsVariable marketing costsDirect material costsNet incomeOperating expensesVariable cost of goods soldThroughput contribution marginFixed manufacturing overhead		enter a dollar amount
	select an income statement item Variable costsNet incomeTotal operating expensesVariable cost of goods soldFixed costsInventory, endingFixed selling and administrative expensesFixed manufacturing overheadCost of goods soldThroughput contribution marginInventory, beginningDirect material costsSalesVariable marketing costsOperating expenses		enter a subtotal of the two previous amounts
	select an income statement item Cost of goods soldFixed manufacturing overheadThroughput contribution marginVariable marketing costsOperating expensesDirect material costsInventory, beginningSalesVariable costsFixed selling and administrative expensesNet incomeInventory, endingVariable cost of goods soldFixed costsTotal operating expenses				enter a total amount for the section
	select a closing name for this statement Total operating expensesVariable cost of goods soldNet incomeFixed selling and administrative expensesCost of goods soldInventory, endingFixed manufacturing overheadVariable marketing costsVariable costsInventory, beginningOperating expensesThroughput contribution marginFixed costsDirect material costsSales				$enter a total amount for this statement

Reconcile the net incomes under throughput costing and variable costing. (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.)

Throughput-costing net income		$enter a dollar amount
Costs deferred in ending inventory		$enter a dollar amount
Variable-costing net income		$enter a total amount