Sullivan Equipment Company Variable Costing Income Statement For the Month Ended March 31 $6,525,000.00 1 Sales (45,000 units) 2 Variable cost of goods sold: 3 Variable cost of goods manufactured Inventory, March 31 (15,000 units) $3,600,000.00 4 (900,000.00) 2,700,000.00 5 Total variable cost of goods sold 6 Manufacturing margin 7 Variable selling and administrative expenses * Contribution margin $3,825,000.00 1,552,500.00 $2,272,500.00 9 Fixed costs: $549,000.00 10 Fixed manufacturing costs Fixed selling and administrative expenses 12 Total fixed costs 11 481,000.00 1,030,000.00 15 Income from operations $1,242,500.00 Prepare an income statement under absorption costing. Refer to the Nsts of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. A colon () will automatically appear if required. Enter all amounts as positive numbers. Round your cost per unit answer to two decimal places and final answers to nearest whole dollar Sullivan Equipment Company Absorption Costing Income Statement (Label) 1 3 5 6 Chach Mu Woch marahan NA