The following information was collected for the first year of manufacturing for Appliance Apps: Direct Materials per Unit $2.25 Direct Labor per Unit $1.50 Variable Manufacturing Overhead per Unit $0.25 Variable Selling and Administration Expenses $1.75 Units Produced 39,000 Units Sold 34,000 Sales Price $12 $117,000 Fixed Manufacturing Expenses Fixed Selling and Administration Expenses $21,000 Prepare an income statement under variable costing method. Appliance Apps Income Statement Sales Variable Cost of Goods Sold Gross Contribution Margin Variable Selling and Administration Expenses Contribution Margin Fixed Manufacturing Expenses 40,800 X 127,500 X 127,500 X 59,500